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Upon Payment of the Amount Due on a $4,000 Face

question 52

True/False

Upon payment of the amount due on a $4,000 face value,60-day,6 percent note,the accountant will record an entry that includes a debit to Notes Payable for $4,000.


Definitions:

Fully Obedient

Describes an individual or behavior that completely follows orders or instructions without question.

Electric Shocks

A sudden discharge of electricity through a part of the body, which can cause harm or discomfort.

Shock Plate

A device used in experimental research to deliver a mild electric shock to an animal subject as part of conditioning or testing.

Fully Obedient

A state or condition of completely following orders, commands, or instructions without question.

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