When is it necessary to make an adjusting entry for accrued interest on an interest-bearing note receivable,
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When is it necessary to make an adjusting entry for accrued interest on an interest-bearing note receivable, and why? What is the adjusting entry? Should the adjusting entry be reversed?
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Related Book For 
College Accounting Chapters 1-26
ISBN: 9780395796993
6th Edition
Authors: Douglas J. McQuaig, Patricia A. Bille
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