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    Financial Accounting
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    Exam 9: Reporting and Interpreting Liabilities
  5. Question
    The Accrual of Interest on a Short-Term Note Payable Decreases
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The Accrual of Interest on a Short-Term Note Payable Decreases

Question 94

Question 94

True/False

The accrual of interest on a short-term note payable decreases working capital and current assets.

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