Multiple Choice
The adjusting entry that would be made at the year-end accruing the interest expense of $100 on a note is:
A) Interest Expense 100
Notes payable 100
B) Interest Payable 100
Interest Expense 100
C) Interest Expense 100
Interest Payable 100
D) Notes payable 100
Interest Expense 100
Correct Answer:
Verified
Correct Answer:
Verified
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