Mission Corp.borrowed $50,000 cash on April 1,2019,and signed a one-year 12%,interest-bearing note payable.The interest and principal are both due on March 31,2020.
-Assume that no adjusting entries had been made before December 31,2019.Which of the following would be the required adjusting entry on December 31,2019?
A) 
B) 
C) 
D) 
Correct Answer:
Verified
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