Weir Company's adjusting entries included the following items:
Interest Expense 200
Interest Payable 200
Depreciation Expense 50
Accumulated Depreciation 50
Interest Receivable 90
Interest Income 90
Required: Prepare the appropriate reversing entries.

Question

Quizplus · Accepted Answer

The Answer of Weir Company's adjusting entries included the following items:
Interest Expense 200
Interest Payable 200
Depreciation Expense 50
Accumulated Depreciation 50
Interest Receivable 90
Interest Income 90
Required: Prepare the appropriate reversing entries.

Weir Company's Adjusting Entries Included the Following Items