Question: Bramble Corp. lends Novak industries $50400 on August 1, 2022, accepting a 9-month, 6% interest note. If Bramble Corp. prepares its financial statements as of

Bramble Corp. lends Novak industries $50400 on August 1, 2022, accepting a 9-month, 6% interest note. If Bramble Corp. prepares its financial statements as of December 31, 2022, what adjusting entry must it make? Interest Receivable Interest Revenue 1260 Accounts: 1260 Receivable Interest Receivable. Notes Receivable 1260 Interest Revenue Cash Interest Revenue 1260 1260 1260 1260 1260

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