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rogers rogers
wrote...
Posts: 373
5 years ago
On December 31, Griffin Company accrued interest revenue of $425 on a $17,000, 10% note. The annual interest payment will be made on October 1. The reversing entry will include a(n) ________.
A) credit to Interest Revenue for $1275
B) debit to Interest Revenue for $425
C) debit to Interest Receivable for $1275
D) debit to Cash for $425
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
Read 28 times
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wrote...
5 years ago
 B
rogers Author
wrote...
5 years ago
Thank you for helping me with my quiz
wrote...
5 years ago
Perfect
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