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1 of 4 1 Points If a company loans money in exchange for a multi-year note, and interest on that note is due when the

1 of 4 1 Points If a company loans money in exchange for a multi-year note, and interest on that note is due when the principle comes due, which of the following will the company record at every period end between the day of the original loan and day the note is repaid? A. Debit Interest Receivable B. Credit Interest Revenue C. Credit Interest Payable D. Debit Cash Mark for Review What's This? Question 2 of 4 1 Points The journal entry to record the bad debt estimation under the allowance method involves a debit to Bad Debt Expense. True False Reset Selection | Mark for Review What's This

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