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In order to expand business, the management of Vereos Inc. decided to issue long-term notes payable for $50,000. The instrument carries interest at the rate of 12% with 10 equal yearly installments, beginning in one year. What will be the journal entry at the inception?
Sarcomere
The basic contractile unit of muscle fiber, consisting of actin and myosin filaments, responsible for muscle contraction.
Myofilaments
The filamentous components of muscle cells, including actin and myosin, responsible for muscle contraction.
Actin
A globular protein that forms long filaments which are essential components of the cytoskeleton in cells and interact with myosin in muscle cells to facilitate contraction.
Fascicle
A bundle of muscle fibers or neurons bound together by connective tissue, contributing to the overall structure and function of muscles or nerves.
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