Question

a zero-interest-bearing note payable that is issued at a discount will not result in any interest expense being recognized.

Answer 1

The statement is False. A zero-interest-bearing note payable that is issued at a discount will not result in any interest expense being recognized.

The noun discount manner a discount in fee of a very good or carrier. you could ask the supervisor for a reduction if the item is broken. As a verb, discount means to lessen the fee. The supervisor can discount the item for you. The verb cut price also approaches brush aside, underestimate, or brush aside.

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In step with company records, Halle chose the name cut price Tire as it implied clients may want to get a deal on a tire. He had six tires (4 of which had been retreads) and a portable air tank, which he had to fill at a local fuel station.

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