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The 31 December 2014, Adjusting Entry for This Note Includes

Question 187

Multiple Choice

The 31 December 2014, adjusting entry for this note includes:


A) A credit to Cash for $14,000.
B) A credit to Interest Payable for $84,000.
C) A credit to Interest Payable for $14,000.
D) A credit to Interest Payable for $7,000.

Correct Answer:

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