Question: A $20,000, 3-month, 8% note payable was issued on November 1, 2020. Which of the following would be included in the journal entry required on
A $20,000, 3-month, 8% note payable was issued on November 1, 2020. Which of the following would be included in the journal entry required on the note's maturity date? a debit to Cash a credit to Interest Payable O a debit to Interest Expense O a credit to Notes Payable 2 p Question 14 If the market rate of interest is 10% and the bond interest rate is 15%, the bonds will sell at: par a premium a discount Diagon Alley
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