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ii.   On 31 August 2025 Bambi paid $19,000 for interest. After the payment, $11...

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ii.  

On

31 August 2025 Bambi paid $19,000 for interest. After the payment, $11,000

interest payable remained outstanding on 31 August 2025.

(3

marks)

(Hint: review the Balance sheet on 30 June and the journal entries in July before accounting for the effect in August).

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