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  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 14: Notes Receivable and Notes Payable
  5. Question
    Why Is It Necessary to Adjust Interest Expense and Interest
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Why Is It Necessary to Adjust Interest Expense and Interest

Question 5

Question 5

Essay

Why is it necessary to adjust Interest Expense and Interest Income?

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Because interest-bearing notes are often...

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