Pay interest from the loan

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  • NPH
    Member
    • Dec 2006
    • 52

    #1

    Pay interest from the loan

    How can I prepare for the journal entry?

    DR Interest Expense

    CR ?
  • JoshinNC
    Senior Member
    • Feb 2006
    • 1180

    #2
    Cash!!!

    Is this a real question? Are you doing someone's books or your own?

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