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A company issues a $200,000, 8%, 9-month note on September 1. The company uses a December 31 year-end. What is the correct year-end adjusting entry

A company issues a $200,000, 8%, 9-month note on September 1. The company uses a December 31 year-end. What is the correct year-end adjusting entry for the company? O Interest Expense........ Interest Payable............ Interest Payable........... Interest Expense.......... Interest Expense....... Notes Payable............ Interest Payable.......... Cash......... Interest Expense......... Interest Payable............. 5,333 5,333 16,000 5,333 16,000 5,333 5,333 16,000 5,333 16,000
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A company issues a $200,000,8%,9-month note on September 1 . The company uses a December 31 year-end. What is the correct year-end adjusting entry for the company? Interest Expense 5,333 Interest Payable. 5,333 Interest Payable 5,333 Interest Expense 5,333 Interest Expense. 16,000 Notes Payable 16,000 Interest Payable. 5,333 Cash 5,333 Interest Expense. 16,000 Interest Payable. 16,000

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