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gOOvER gOOvER
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6 years ago
Refer to Table 11-3. The entry on May 1, 2014, to pay the note payable and interest would include a:
A) debit to Interest Expense of $300.00.
B) debit to Interest Payable of $100.00.
C) credit to Interest Payable of $200.00.
D) credit to Cash of $8,000.00.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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Posts: 444
6 years ago
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