Question: Moving to another question will save this response Question 10 of 12 Question 10 1 points Save Answer ses Industries agree to sign a note

 Moving to another question will save this response Question 10 of

Moving to another question will save this response Question 10 of 12 Question 10 1 points Save Answer ses Industries agree to sign a note on November t. for a 120-day, note payable, with a face value of 590.000. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year) A. Debit interest Expense. 51.200 credit interest Payable. 51.200. @ B. No adjusting entry is required. @ Debit interest Expense. 52.400: credit interest Payable $2.400 D. Debit interest Payable 51.200: credit interest Expense. $1,200

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