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Choose the best explanation of the missing amount ( ? ) in the T account below: Note Payable The company paid $ 5 , 0
Choose the best explanation of the missing amount in the account below:
Note Payable
The company paid $ for interest expense and the loan.
The company paid the bank $ to reduce the loan.
The company sold equipment costing $
The company sold a longterm asset to a customer receiving a note in exchange for the item sold.
The company purchased equipment costing $ with a bank loan.
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