Question: 2 part To record the accrued interest on a note payable at the end of the accounting period, a journal entry should be written to

2 part To record the accrued interest on a note payable

at the end of the accounting period, a journal entry should be

2 part

To record the accrued interest on a note payable at the end of the accounting period, a journal entry should be written to debit O A Interest Expense OB. Notes Payable OC. Interest Payable OD. Cash On November 1, 2018, a company using accrual accounting, pays $1,080,000 for a television advertising campaign. Commercials will run evenly over six months beginning on November 1, 2018 How much Advertising Expense will be reported on an income statement prepared for the year ended December 31, 2018? O A $720,000 O B. $540,000 O C. $360,000 OD. $1,000,000

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