ACC 557 Week 7 Chapter 11( E11-7, E11-13, E11-17, P11- 3A)
Interest Payable 5,000 Cash 255,000 Notes Payable 250,000 Interest Payable 20,000 Cash 270,000 Notes Payable 250,000 Interest Expense 5,000 Cash 255,000 15- Multiple Choice Question 61 Most companies pay current liabilities by creating long-term liabilities. out of current assets. by issuing interest-bearing notes payable. by issuing stock. ===================================================
ACC 557 Week 7 Chapter 11( E11-7, E11-13, E11-17, P11- 3A)
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