Question: The journal entry for accrued interest on a note payable by the borrower includes: a. a debit to Interest Expense and credit to Interest Payable.

The journal entry for accrued interest on a note payable by the borrower includes:

a. a debit to Interest Expense and credit to Interest Payable.

b. a debit to Interest Payable and credit to Cash.

c. a debit to Interest Expense and credit to Cash.

d. a credit to Interest Expense and debit to Notes Payable.

I put a, what do you think?

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