Question: JDS issued a 5 year, 6%, $50,000 note payable. The terms of the note include monthly blended interest and principal payments of $966.64. The entry

JDS issued a 5 year, 6%, $50,000 note payable. The terms of the note include monthly blended interest and principal payments of $966.64. The entry to record the second instalment payment will show a debit to notes paya'ple of: Select one: O a. $720.22 O b. $246.42 O c. $250.00 O d. $716.64

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