Oklahoma Oil Corp. paid interest of $793,500 during 2021, and the interest payable account decreased by...

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Oklahoma Oil Corp. paid interest of $793,500 during 2021, and the interest payable account decreased by $134,500. What was in

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Answer: $659,000 Workings: Interest Paid S793,500 Decrease in Interest payable Interest Expense -$134,500 S659,000

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