Question: Dedmon Co. , whose fiscal year ends December 31, borrowed $20,400 on September 1, 2016, issuing a 10%, ten-month note payable with interest due at

Dedmon Co. , whose fiscal year ends December 31, borrowed $20,400 on September 1, 2016, issuing a 10%, ten-month note payable with interest due at maturity. When the note matures on June 30, 2017, Dedmon will write a journal entry that includes a debit to interest payable of $___________

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