Ashleyvasquez5182 Ashleyvasquez5182

08-11-2022
Business

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madison company issued an interest-bearing note payable with a face value of $26,400 and a stated interest rate of 8% to metropolitan bank on august 1, year 1. the note carried a one-year term. based on this information alone, what is the amount of total liabilities appearing on madison's balance sheet as of december 31, year 1?

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