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    Introduction to Accounting
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    Exam 15: Recording and Evaluating Capital Resource Process Activities: Financing
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    The Face Value of a Noninterest-Bearing Note Less the Discount
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The Face Value of a Noninterest-Bearing Note Less the Discount

Question 82

Question 82

Multiple Choice

The face value of a noninterest-bearing note less the discount on notes payable is called the ________ of the note.


A) contra value
B) market value
C) interest value
D) carrying value

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