Multiple Choice
Interest expense in the worksheet's trial balance column is $3 000.Interest expense in the Income statement column is $7 000.Which of the following entries would have caused this difference?
A) A $4 000 debit to Interest expense in the worksheet's adjustments column
B) A $7 000 credit to Interest payable in the worksheet's adjustments column
C) A $4 000 credit to Interest expense in the worksheet's adjustments column
D) A $7 000 credit to Interest expense in the worksheet's adjustments column
Correct Answer:
Verified
Correct Answer:
Verified
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