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A . Notes payable and interest payable will be reported on the balance sheet. B . Interest receivable will be reported on the balance sheet
A Notes payable and interest payable will be reported on the balance sheet.
B Interest receivable will be reported on the balance sheet and notes payable will be reported on the income statement.
C Notes payable will be reported on the balance sheet and interest payable will be reported on the income statement.
D Notes payable, interest payable, and interest expense will be reported on the balance sheet.
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