ACCT 202 The journal entry for accrued interest on a note payable by the borrower includes:

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The journal entry for accrued interest on a note payable by the borrower includes:

a debit to Interest Expense and credit to Cash.

 

a debit to Interest Expense and credit to Interest Payable.

 

a credit to Interest Expense and debit to Notes Payable.

 

a debit to Interest Payable and credit to Cash.

    • 11 years ago
    ACCT 202 The journal entry for accrued interest on a note payable by the borrower includes
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