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What amount is the note payable recorded at on october

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Question - Crane borrowed $ 704000 on October 1, 2017 and is required to pay $ 725000 on March 1, 2018. What amount is the note payable recorded at on October 1, 2017 and how much interest is recognized from October 1 to December 31, 2017?

Reference no: EM132241048

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