Question: $14 -1 Accounting for a long -term note payable Learning Objective 1 On January 1, 2018 , Lakeman -Fay signed a $1,500,000 , 15-year ,

$14 -1 Accounting for a long -term note payable Learning Objective 1 On January 1, 2018 , Lakeman -Fay signed a $1,500,000 , 15-year , 7% note . The loan required Lakeman -Fay to make annual payments ...

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