Question content area top Part 1 On June 17 comma 2018, Low...

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Accounting

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Part 1
On June 17 comma 2018, Low Rider Automotive established a line of credit at its bank, with interest at 11.8% p.a. This line of credit was used to purchase $4000 of inventory and supplies. Low Rider paid $4096.98 to satisfy the incurred debt. On what date did Low Rider Automotive honour the line of credit?

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