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    Fundamental Accounting Principles Study Set 1
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    Exam 14: Long-Term Liabilities
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    An Installment Note Is an Obligation of the Issuing Company
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An Installment Note Is an Obligation of the Issuing Company

Question 116

Question 116

True/False

An installment note is an obligation of the issuing company that requires a series of periodic payments to the lender.

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