Question: Content Area A cash payment on a loan affects which of the following accounts? a. Cash and Accounts Receivable b. Cash and an expense account

Content Area A cash payment on a loan affects which of the following accounts? a. Cash and Accounts Receivable b. Cash and an expense account c. Cash and a revenue account d. Cash and Notes Payable

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A cash payment on a loan affects which of the following accounts? a . Cash and Accounts Receivable b . Cash and an expense account c . Cash and a revenue account d . Cash and Notes Payable

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