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Notes payable On 1 September 2014, Charles Associates borrowed… Notes payableOn 1 September 2014, Charles Associates borrowed 0,000 from Diana Finance and signed a 9%, one- year note payable, all due at maturity.(a) The amount Charles must pay on 1 September 2015, when the note matures is $________________.(b) The interest expense Charles will recognize on this note in 2015 is $_______________.(c) At 31 December 2014, Charles Associates’ liability to Diana Finance amounts to $________________. Accounting Business Financial Accounting MGMT 120A

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