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    Horngrens Accounting Study Set 2
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    Exam 11: Current Liabilities and Payroll
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    When a Company Issues a Short-Term Note Payable
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When a Company Issues a Short-Term Note Payable

Question 14

Question 14

Multiple Choice

When a company issues a short-term note payable:


A) the note payable account is credited.
B) the note payable is debited.
C) the interest expense is credited.
D) the interest expense account is debited.

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