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Aloha I have an accounting question: On September 19, Iceburg Company issues a $10,000, 90-day, 12% note (promissory note) to First National Bank.
Aloha I have an accounting question: On September 19, Iceburg Company issues a $10,000, 90-day, 12% note (promissory note) to First National Bank.the due date of the note (December 18). Assume that the fiscal year end is December 31.