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Borrowing and repaying the principal and interest on a tax anticipation note _ _ _ _ _ _ . Multiple choice question. involves the recognition

Borrowing and repaying the principal and interest on a tax anticipation note

______.

Multiple choice question.

involves the recognition of an expenditure only

involves the recognition of both revenue and an expenditure

does not involve the recognition of either a revenue or an expenditures

involves the recognition of a revenue only

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