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    Accounting What the Numbers Mean Study Set 1
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    Exam 7: Accounting for and Presentation of Liabilities
  5. Question
    The Adjusting Entry to Accrue Interest Expense Results In
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The Adjusting Entry to Accrue Interest Expense Results In

Question 9

Question 9

Multiple Choice

The adjusting entry to accrue Interest Expense results in:


A) an increase in Interest Expense.
B) a decrease in Interest Expense.
C) a decrease in Cash.
D) a decrease in Interest Payable.

Correct Answer:

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