A company received $75,000 cash from a bank loan that must be repaid in three years. Which of the following items would be increased by
A company received $75,000 cash from a bank loan that must be repaid in three years.
Which of the following items would be increased by this bank loan transaction? (check all that apply)
Current Assets
Cash from Investing
Interest Payable
Notes Payable
Revenue
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Authors: Milton A. Anderson
3rd Edition
0367398435, 978-0367398439
