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  3. on september 1 year t west company borrowed $54,00

On September 1 Year t west Company borrowed $54,0001 om Valley Bank. west agreed to...

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Accounting

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On September 1 Year t west Company borrowed $54,0001 om Valley Bank. west agreed to pay interest annually at the rate of 9% per year. The note by West carried an term. West Company has a calendar year-end. What is the amount of interest expense that will be reported on Wests so 9486

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