Question: solve with explain please Teller purchased merchandise from TechCom on October 17 of the current year and TechCom accepted Teller's $14,800, 90-day, 6% note. What

solve with explain please solve with explain please Teller purchased merchandise from TechCom on October 17

Teller purchased merchandise from TechCom on October 17 of the current year and TechCom accepted Teller's $14,800, 90-day, 6% note. What entry should TechCom make on December 31, to record the accrued interest on the note? (Use 360 days a year.) Debit Interest Receivable $185; credit Interest Revenue $185

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