Fain corporation paid principal and interest on a 6-month 8


On November 1, 2014, Fain Corporation paid principal and interest on a 6-month, 8% note payable with a face amount of $5,000.

How did this transaction affect Fain's financial statements?

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Financial Management: Fain corporation paid principal and interest on a 6-month 8
Reference No:- TGS01557300

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