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10. Rayan Company lends Rayan Company $60,000 on April 1, accepting a four-month, 8% interest note, Rayan Company prepares financial statements on April 30. What

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10. Rayan Company lends Rayan Company $60,000 on April 1, accepting a four-month, 8% interest note, Rayan Company prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared for the interest receivable? (2 Points) OS 400

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