Question: What effect does the adjusting entry for interest earned but yet not received have on the accounting equation? O It results in an increase in

What effect does the adjusting entry for interest earned but yet not received have on the accounting equation? O It results in an increase in assets and stockholders' equity O It results in a decrease in assets and stockholders' equity It results in an increase in assets and liabilities. tt results in an increase in assets and decrease in stockholders' equity

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