The following unadjusted accounts are taken from the records of B Corp. at December 31, 2016: Additional

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The following unadjusted accounts are taken from the records of B Corp. at December 31, 2016:

Additional Information: Interest expense for the year should be $1,200.
Required: Prepare the adjusting entry at December 31, 2016.

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Accounting Introduction To Financial Accounting

ISBN: 9781517089719

1st Edition

Authors: Henry Dauderis, David Annand

Question Posted: Apr 26, 2016 09:31 AM

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The following unadjusted accounts are taken from the records of B Corp. at December 31, 2016: Additional

Question:

201 12,000 Bank Loan Interest Expense 1,100 Interest Payable 222 100 632

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2016 Dec 31 Interest Expe...View the full answer

Accounting Introduction To Financial Accounting

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