Question: View Policies Current Attempt in Progress Butte Co. loaned $25,000 to Beavis Co, on June 1, at 12% interest for 3 months. What adjusting entry

View Policies Current Attempt in Progress Butte Co. loaned $25,000 to Beavis Co, on June 1, at 12% interest for 3 months. What adjusting entry will Butte Co. have to make on June 30 before preparing the financial statements on June 30? Interest Receivable 750 Interest Revenue 750 Interest Receivable 3,000 Interest Revenue 3,000 Interest Receivable 1,000 Interest Revenue 1,000 Interest Receivable 250 Interest Revenue 250 ^

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