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Notes Payable at December 31, 2020 consisted of: -Foley Bank- $1900,000, 9% interest rate. Interest is...

Notes Payable at December 31, 2020 consisted of: -Foley Bank- $1900,000, 9% interest rate. Interest is paid on Feb. 1st of each year, principal to be repaid on 2/1/2024. - Northern Bank- 120,000, 8% interest rate, interest is paid on June 25th of each year, principal to be repaid on June 30, 2022. what are journal entries for: 2/1 paid the interest on the loan from Foley Bank 7/1 made interest payment on equipment note to Northern Bank

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