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Loan Payable is a liability. When making a payment on Loan Payable, what accounts would you debit and credit? Select one or more: a.Credit Cash

Loan Payable is a liability. When making a payment on Loan Payable, what accounts would you debit and credit?

Select one or more:

a.Credit Cash

b.Expense

c.Debit Loan Payable

d.Debit Cash

e.Credit Loan Payable

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