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Dr . Horente received a bank loan to purchase an office building for a physical therapy office. The loan is for 1 0 years with
Dr Horente received a bank loan to purchase an office building for a physical therapy office. The loan is for years with an interest rate of When Dr Horente makes monthly payments on the loan, which accounts will not be impacted?
a The liability account
b Cash paid on the loan
c Interest paid on the loan
d Credit for payment
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