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4.)Quad Incorporated has an April 30, 2020 fiscal year end.An analysis of the long term liabilities has determined the year end accrued interest is $3,000.In
4.)Quad Incorporated has an April 30, 2020 fiscal year end.An analysis of the long term liabilities has determined the year end accrued interest is $3,000.In checking the general ledger, the interest payable account has an unadjusted balance of $2,800.Give the 4/30/20 adjusting entry(ies) for accrued interest.
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