Multiple Choice
When a company receives interest revenue from a held-to maturity bond,the journal entry includes:
A) a debit to Interest Revenue and credit to Cash.
B) a debit to Dividend Revenue and credit to Cash.
C) a debit to Cash and credit to Dividend Revenue.
D) a debit to Cash and credit to Interest Revenue.
Correct Answer:
Verified
Correct Answer:
Verified
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