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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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7 years ago
The journal entry to record the payment of a discounted note at maturity is a debit to Notes Payable and Interest Expense, and a credit to Cash.
A) True
B) False
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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