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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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