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    Financial Accounting
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    Exam 3: Adjusting and Closing Entries
  5. Question
    Interest Expense Had an Adjusted Balance of $1,208
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Interest Expense Had an Adjusted Balance of $1,208

Question 93

Question 93

Multiple Choice

Interest Expense had an adjusted balance of $1,208. The adjusting entry for accrued interest was for $422. The unadjusted balance for Interest Expense was a:


A) $422 debit.
B) $1,630 debit.
C) $1,630 credit.
D) $786 debit.

Correct Answer:

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