Question: 15 10 On October 1, Steve's Carpet Service borrows $400,000 from First National Bank on a 3- month, $400,000, 8% note. The entry by Steve's

15 10 On October 1, Steve's Carpet Service borrows $400,000 from First National Bank on a 3- month, $400,000, 8% note. The entry by Steve's Carpet Service to record payment of the note and accrued interest on January 1 is

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