jharsin
Oct 13, 2007, 07:58 PM
An adjusting entry made to record accrued interest on a note payable due next year consists of a debit made to
A. interest expense and a credit to cash
b. interest recievable and a credit to interest income
c,interest expense and a credit to notes payable
d.interest expense and a credit to interest payable
A. interest expense and a credit to cash
b. interest recievable and a credit to interest income
c,interest expense and a credit to notes payable
d.interest expense and a credit to interest payable