Resort Travel borrowed $33,000 on September 1, 2018, by signing a one-year note payable to State One
Question:
Requirements
1. Record the adjusting entry to accrue interest expense at November 30, 2018.
2. Post the adjusting entry to the T-accounts of the two accounts affected by the adjustment.
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Requirement 1 Date Accounts and Explanation ...View the full answer
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Saikumar Ramagiri
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Related Book For 
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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