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2 points Save Answer M&R Company has earned $200 in interest revenue from investments for the year ended December 31. The interest revenue will be
2 points Save Answer M&R Company has earned $200 in interest revenue from investments for the year ended December 31. The interest revenue will be received on January 15 following the company's year-end. What adjusting entry should M&R make at the end of the period? A. Debit Interest Receivable, $200; Credit Interest Revenue, $200 B. Debit Cash, $200; Credit Interest Revenue, $200 O C. Debit Interest Revenue, $200; Credit Interest Receivable, $200 D. Debit Unearned Interest Revenue, $200; Credit Interest Revenue, $200
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