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hello, please help me to solve this question If a company loans money in exchange for a multi-year note, and interest on that note is
hello, please help me to solve this question
If a company loans money in exchange for a multi-year note, and interest on that note is due when the principle comes due, which of the following will the company record at every period end between the day of the original loan and day the note is repaid? O A. Debit Interest Receivable B. Debit Cash OC. Credit Interest Payable OD. Credit Interest RevenueStep by Step Solution
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