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    College Accounting Study Set 2
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    Exam 11: Preparing a Worksheet for a Merchandise Company
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    Interest Expense
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Interest Expense

Question 113

Question 113

Multiple Choice

Interest Expense:


A) is a cost of borrowing money.
B) is included in the "Other Expenses" on the Income Statement.
C) has a normal debit balance.
D) All of the above are correct.

Correct Answer:

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