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  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 14: Notes Receivable and Notes Payable
  5. Question
    Accrued Interest on a Note Payable Would
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Accrued Interest on a Note Payable Would

Question 41

Question 41

Multiple Choice

Accrued interest on a note payable would:


A) increase total liabilities.
B) increase owner's equity.
C) increase total assets.
D) None of these answers is correct.

Correct Answer:

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