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38) A business making a monthly mortgage payment that included $1,200 principal and $300 interest should be recorded as: A) Mortgage payable 1,200 Interest payable
38) A business making a monthly mortgage payment that included $1,200 principal and $300 interest should be recorded as: A) Mortgage payable 1,200 Interest payable 300 Cash 1,500 B Mortgage payable 1,500 Cash 1,500 C) H Cash 1,500 Mortgage payable 1,500 D Mortgage payable 1,200 Interest expense 300 Cash 1,500
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