Question: Question 10 Question 19 3 pts On December 5, a company accepts a $4,850, 90 day, 5% note from a customer. What adjusting journal entry
Question 10 Question 19 3 pts On December 5, a company accepts a $4,850, 90 day, 5% note from a customer. What adjusting journal entry will the company make on December 31 to accrue the interest due at the financial statement date? (Round all answers to the nearest cent.) Debit Interest Revenue $17.51; Credit Interest Receivable $1751 Debit interest Receivable $17.51Credit Interest Revenue $17.51. Debit interest Expense $18.00,Credit Interest Payable $18.00 Debit Interest Receivable $20.21; Credit Interest Revenue $20.21. Debit interest Receivable 560.63, Credit Interest Revenue 560.63
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