Question: On November 1 , 2 0 2 4 , a company signed a 1 0 0 , 0 0 6 % six month no payable

On November 1,2024, a company signed a 100,006% six month no payable with the amount borrowed plus occurred interest to six months later on May 1,2025 what effect does receiving cash and signing a note have on the financial statement

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