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    Exam 3: The Double-Entry Framework
  5. Question
    A Cash Payment on a Loan Affects Which of the Following
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A Cash Payment on a Loan Affects Which of the Following

Question 53

Question 53

Multiple Choice

A cash payment on a loan affects which of the following accounts?


A) Cash and Accounts Receivable
B) Cash and Notes Payable
C) Cash and an expense account
D) Cash and a revenue account

Correct Answer:

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