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Joe borrowed $100,000 (a four-year loan at 10% interest) on January 2, 20x8. During the course of the year, he paid back $30,000 on that debt. What would his December 31, 20x8 balance sheet show for this
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Joe borrowed $100,000 (a four-year loan at 10% interest) on January 2, 20x8. During the course of the year, he paid back $30,000 on that debt. What would his December 31, 20x8 balance sheet show for this debt

User Zalman
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Hope it helps ^_^

User LTasty
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