On December 1, Roberto borrowed $24,000 from Jose, giving a 90-day, 10% note. On December 31,...

 

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On December 1, Roberto borrowed $24,000 from Jose, giving a 90-day, 10% note. On December 31, the end of the accounting period, which entry would Roberto make? OA) O B) C) D) Interest Expense Interest Payable Interest Expense Discount on Notes Payable Interest Expense Interest Payable Interest Expense Cash On December 1, Roberto borrowed $24,000 from Jose, giving a 90-day, 10% note. On December 31, the end of the accounting period, which entry would Roberto make? OA) O B) C) D) Interest Expense Interest Payable Interest Expense Discount on Notes Payable Interest Expense Interest Payable Interest Expense Cash

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