Source Document: Bank Memo
For the following: Interest has accrued on the mortgage but not paid.
Amount: $450.00
Terms: N/A
*how do I adjust this transaction in the general journal?

Quote:

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Originally Posted by erikamelanson11

Source Document: Bank Memo
For the following: Interest has accrued on the mortgage but not paid.
Amount: $450.00
Terms: N/A
*how do i adjust this transaction in the general journal?

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In the same way you bring to account any other outstanding account at balance date