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Record Each Event in the Accounting Equation Below

Question 142

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Record each event in the accounting equation below.Include both amounts and account titles.
Record each event in the accounting equation below.Include both amounts and account titles. 3.Which of the four financial statements are affected by the adjusting entry to accrue interest? 4.Would your answer in 2.be different if the note was a $20,000,6-month,9% note instead of a 3-month note?
3.Which of the four financial statements are affected by the adjusting entry to accrue interest?
Record each event in the accounting equation below.Include both amounts and account titles. 3.Which of the four financial statements are affected by the adjusting entry to accrue interest? 4.Would your answer in 2.be different if the note was a $20,000,6-month,9% note instead of a 3-month note? Record each event in the accounting equation below.Include both amounts and account titles. 3.Which of the four financial statements are affected by the adjusting entry to accrue interest? 4.Would your answer in 2.be different if the note was a $20,000,6-month,9% note instead of a 3-month note? 4.Would your answer in 2.be different if the note was a $20,000,6-month,9% note instead of a 3-month note?

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