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18. In recording the adjusting entry on December 31, 2020, the end of its calendar year, Jones would make an entry that included: A. a

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18. In recording the adjusting entry on December 31, 2020, the end of its calendar year, Jones would make an entry that included: A. a credit to cash for 2,000 B. a debit to interest expense for 3,000 c. a debit to notes payable for $2,000 D. a credit to interest payable for 2,000 Questions 17-19 relate to the following information: The Jones Company borrowed money at the bank on November 1, 2020, in the amount of $200,000. They signed a 3 month, 6% notes payable and did pay the note and interest on the maturity date of February 1, 2021

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