Question: orce Completion Once started, this test must be completed in one sitting, Do not leave the test before clicking Save and Submit. Question Completion Status:

 orce Completion Once started, this test must be completed in one

orce Completion Once started, this test must be completed in one sitting, Do not leave the test before clicking Save and Submit. Question Completion Status: QUESTION1 on November 1, Alan Company signed a 4 month, 8% note payable, with a face value of $9,000, what is the adjusting entry for the accrued interest at December 31 on the note? a. Debit interest payable, $120; credit interest expense, $120. o b. Debit interest expense, $120; credit interest payable, s120. OC.Debit interest expense, $720; credit interest payable, $720 o d. Debit Interest payable, s240; credit interest expense, $240 QUESTION 2 1 pa on September 1, 2018 Paul Company signed a 6 month, 6% note payable, with a face value of $9,000. Assume that on December 31, 2018 Paul C made the appropriate year-end accrual for interest of $180. What journal entry would be recorded on

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