Question: 1. On October 1, Homer Industries signed a $2,000 note payable. Homer agreed to pay back $100 per month, beginning on November 1. Show the

1. On October 1, Homer Industries signed a $2,000 note payable.

1. On October 1, Homer Industries signed a $2,000 note payable. Homer agreed to pay back $100 per month, beginning on November 1. Show the presentation of this note on Homer's December 31 Balance Sheet

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