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Use This Information Pertaining to the Essex Corporation to Answer

Question 134

Multiple Choice

Use this information pertaining to the Essex Corporation to answer the following question. Use this information pertaining to the Essex Corporation to answer the following question.   The adjusting entry to record the accrued interest on the note is A)  Interest Expense 200 Interest Receivable 200 B)  Interest Payable 200 Interest Expense 200 C)  Interest Receivable 200 Interest Income 200 D)  Interest Income 200 Interest Receivable 200 The adjusting entry to record the accrued interest on the note is


A) Interest Expense 200
Interest Receivable 200
B) Interest Payable 200
Interest Expense 200
C) Interest Receivable 200
Interest Income 200
D) Interest Income 200
Interest Receivable 200

Correct Answer:

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