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meters / Module 11 / Midterm Exam #2 - Fall 2025 4 18 Midterm Exam #2 - Fall 2025 3 6 7 8 9 10 11 12 13 14 15 16 17 18. 19 20 21 22 23 24 25 26 27 28 29 9 30 31 32 33 34 35 36 attempt ... Time left 1:58:28 on 15 Not yet answered Marked out of 3.00 Flag question anuary 1, Bloomingdale, Inc. borrows $73,600 from First Estate Bank. The loan is due in one year along with 4% interest. The company is preparing its quarterly report for March 31. Which of the following best cribes the necessary accrual for interest expense? Sip ect one: a. $736 increase liabilities, increase expenses b. $2,944 decrease liabilities, decrease cash c, $736 decrease liabilities, decrease cash O d. $2,944 increase expenses, decrease cash O e. $2,944 increase liabilities, decrease expenses Next Previous Save Answers DD DII FO F8 F7 Q F6 delete 20 F3 CO F2 F1 5 P A O 3 U NO Y T