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A company recorded the $19,000 adjusting entry for accrued interest revenues on monies it loaned by debiting revenues and crediting assets $19,000. Assets are
A company recorded the $19,000 adjusting entry for accrued interest revenues on monies it loaned by debiting revenues and crediting assets $19,000. Assets are A. C. E. $19,000 understated $38,000 overstated correctly stated B. $19,000 overstated D. $38,000 understated
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