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  3. interest on notes payable balance is 1 percent per

interest on notes payable balance is 1 percent per month. the adjusting entry to record...

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Accounting

interest on notes payable balance is 1 percent per month. the adjusting entry to record interest expence for january 2019 and the liability for interest payable is $10. Add account number 21000, interest payable, as an other current liability account.

I am not sure how to enter this as an adjusting journal entry. Please help!

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