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The Interest Expense and Notes Payable accounts have balances at the end of the year....

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Accounting

The Interest Expense and Notes Payable accounts have balances at the end of the year. In what financial statement will these balances appear? Both will appear on the balance sheet Both will appear on the Income Statement Interest Expense will appear on the balance sheet and Notes Payable will appear on the income statement Interest Expense will appear on the income statement and Notes Payable will appear on the balance sheet

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