Question: Note Computations and Entries (Straight Line) On January 1 , 2024, Sisek Company borrowed $731,000 with a 10 -year, 9.75% note, interest payable semiannually on

Note Computations and Entries (Straight Line) On January 1 , 2024, Sisek Company borrowed $731,000 with a 10 -year, 9.75% note, interest payable

Note Computations and Entries (Straight Line) On January 1 , 2024, Sisek Company borrowed $731,000 with a 10 -year, 9.75% note, interest payable semiannually on June 30 and December 31 . Cash in the amount of $723,800 was received when the note was issued. 4. Determine the carrying amount of this note at the end of the fifth year (December 31, 2028). $

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