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    Financial Accounting Study Set 26
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    Exam 4: Cash and Receivables
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    The Entry to Record Accrued Interest on a Note Receivable
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The Entry to Record Accrued Interest on a Note Receivable

Question 98

Question 98

Multiple Choice

The entry to record accrued interest on a note receivable at year end includes a:


A) debit to Note Receivable
B) debit to Cash
C) debit to Interest Receivable
D) debit to Interest Revenue

Correct Answer:

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