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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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