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How to solve If a company has a note payable and accrues interest on the note, but has not yet paid the interest, the company
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If a company has a note payable and accrues interest on the note, but has not yet paid the interest, the company should record:
both Interest Expense and Interest Payable
Interest Expense
Interest Payable
Cash paid
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Accounting Cases In Hong Kong The First Hksa Case Competition
Authors: HKSA Case, Monograph Work GP
1st Edition
9629370883, 978-9629370886
