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Business, 10.07.2019 05:30 melissapulido198

Waterway industries loaned $610000 to another corporation on december 1, 2017 and received a 3-month, 9% interest-bearing note with a face value of $610000. what adjusting entry should starr make on december 31, 2017? debit cash and credit interest receivable, $13725. debit cash and credit interest revenue, $4575. debit interest receivable and credit interest revenue, $13725. debit interest receivable and credit interest revenue, $4575.

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Waterway industries loaned $610000 to another corporation on december 1, 2017 and received a 3-month...
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