The Entry to Record the Payment of an Interest-Bearing Note

question 193

Multiple Choice

The entry to record the payment of an interest-bearing note at maturity after all interest expense has been recognized is

• A) Notes Payable Interest Payable
• Cash
• B) Notes Payable Interest Expense
• Cash
• C) Notes Payable Cash
• D) Notes Payable Cash
• Interest Payable

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