Question: ABC Corp. received a 3-month, 8%, $1,500 note receivable on November 1. The adjustment for interest earned by December 31 will include a: Multiple choice
ABC Corp. received a 3-month, 8%, $1,500 note receivable on November 1. The adjustment for interest earned by December 31 will include a: Multiple choice question. credit to Interest Revenue of $20 credit to Interest Revenue of $120 credit to Interest Receivable of $10 debit to Interest Revenue of $20
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