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Payment of interest in notes payable

Asked Oct 27, 2010, 10:24 PM — 1 Answer
Issued Check No. 2220 for $700.00 to East County Bank in payment of interest in a note payable for April

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pready Posts: 2,662, Reputation: 887
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Oct 28, 2010, 06:45 AM
Debit Interest Expense for the amount
Credit Cash for the amount
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