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Home Q & A Board Other Fields Homework Help Business Accounting
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gOOvER gOOvER
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6 years ago
Interest payable is a contra liability account and is deducted from the note payable on the balance sheet.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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KryzenKryzen
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gOOvER Author
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5 years ago
Incredible answer, really thank you
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