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The December 31, 2010, Adjusting Entry for This Note Includes

Question 51

Multiple Choice

The December 31, 2010, adjusting entry for this note includes:


A) A credit to Cash for $1,400.
B) A credit to Interest Payable for $8,400.
C) A credit to Interest Payable for $1,400.
D) A credit to Interest Payable for $700.

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