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which of the following is nog true about the discount on the short term note payable a . The discount on notes payable accoujy should

which of the following is nog true about the discount on the short term note payable
a. The discount on notes payable accoujy should be reported as an asset on the balance sheet
B. discount on notes payable is contra account to notes payable
C. The discount on notes payable is a contra acooint has a debit balance
d. discount on notes payable is amortized to interest expense over ter, of the note

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