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    Intermediate Accounting Study Set 9
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    A Zero-Interest-Bearing Note Payable That Is Issued at a Discount
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A Zero-Interest-Bearing Note Payable That Is Issued at a Discount

Question 50

Question 50

True/False

A zero-interest-bearing note payable that is issued at a discount will not result in any interest expense being recognized.

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