Question: When a corporation pays a note payable and interest, the account notes payable will be increased. the account interest expense will be decreased. notes payable

When a corporation pays a note payable and interest,
the account notes payable will be increased.
the account interest expense will be decreased.
notes payable and interest expense will be debited.
cash will be debited.
When a corporation pays a note payable and interest, the account

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