13. On December 31, Klien Company made an adjusting entry debiting Interest Receivable and crediting Interest Income
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13. On December 31, Klien Company made an adjusting entry debiting Interest Receivable and crediting Interest Income for $300 of accrued interest. What reversing entry, if any, should be recorded for this item on January 1?
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781259995156
4th Edition
Authors: M. David Haddock
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