Interest expense on an interest bearing note is
a. always equal to zero
b. accrued over the life of the note
c. only recorded at the time the note is issued
d. only recorded at maturity when the note is paid
Interest expense on an interest bearing note is
a. always equal to zero
b. accrued over the life of the note
c. only recorded at the time the note is issued
d. only recorded at maturity when the note is paid