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. 201 12,000 Bank Loan Interest Expense 1,100 Interest Payable 222 100 632
The following unadjusted accounts are taken from the records of B Corp. at December 31, 2016:
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Additional Information: Interest expense for the year should be $1,200.
Required: Prepare the adjusting entry at December 31, 2016.
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Related Book For 
Accounting Introduction To Financial Accounting
1st Edition
Authors: Henry Dauderis, David Annand
ISBN: 9781517089719