Question: When a corporation pays a note payable and interest Select one: a. Interest Expense will be decreased b. debit Cash C. credit Notes Payable and

When a corporation pays a note payable and interest Select one:

When a corporation pays a note payable and interest Select one: a. Interest Expense will be decreased b. debit Cash C. credit Notes Payable and Interest Expense d. Notes Payable will be decreased

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