Question: starco signed a 9 year note payable on January 1,2024 , of 630000 . The note requires annual principal payments each December 31 of 70000

starco signed a 9 year note payable on January 1,2024 , of 630000 . The note requires annual principal payments each December 31 of 70000 plus interest at 7%. The entry to record the annual payment on December 31,2025 , includes

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