Question: Help Save &Exit iz On November 1 Alan Compa y signed a 120 day,'0% note payable, with a face value of Sn 700, what is

Help Save &Exit iz On November 1 Alan Compa y signed a 120 day,'0% note payable, with a face value of Sn 700, what is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.) Multple Choice No adjusting entry is required Debit Interest Expense,$195, credit Interest Payable, $195 Debit interest Expense, $260, credit interest Payable, $260 Debit interest payable, $130, credit interest expense. $130 ey 1of5? Next > to search SAMSUNG

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