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Indicate the Account(s) to Be Debited and Credited to Record

Question 13

Short Answer

Indicate the account(s) to be debited and credited to record the following transactions.
-Accrued interest on a note payable.
Debit ________ Credit ________
A)Cash
B) Notes receivable
C)Accounts receivable
D) Interest receivable
E)Notes payable
F) Accounts payable
G)Interest payable
H) Discount on notes payable
I) Interest expense
J) Interest income
K) Sales

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