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    pleasehelpfoste's Avatar
    pleasehelpfoste Posts: 1, Reputation: 1
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    #1

    Feb 16, 2014, 08:11 AM
    Interest expense debit or credot
    Doing t ledger is a interest paid on a note a debit or credit and the payable is it a debit or credit
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 18, 2014, 11:11 AM
    Interest Expense will normally have a debit balance and a payable normally has a credit balance.
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