Question: Question 51 The journal entry used to record the payment of an interest-bearing note is debit Notes Payable and Interest Expense; credit Cash debit Notes

Question 51 The journal entry used to record the payment of an interest-bearing note is debit Notes Payable and Interest Expense; credit Cash debit Notes Payable and Interest Receivable; credit Cash none of the above debit Accounts Payable; credit Cash debit Cash; credit Notes Payable

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