Question: a. Net Income Increase The adjusting entry that recognizes the earned interest on a 9-month Note Receivable has what effect on the following? Working

a. Net Income Increase The adjusting entry that recognizes the earned interest on a 9-month Note Receivable has what effect on the following? Working Capital Decrease Retained Earnings Increase Net Income Increase Working Capital No effect Retained Earnings Increase C. e. Net Income Decrease Net Income Decrease Net Income Increase Working Capital Increase Working Capital Decrease Retained Earnings Decrease Working Capital No effect Retained Earnings Decrease Retained Earnings Increase

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