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Accounting adjustments to account for accrued interest would: Debit both Interest Expense and Accrued Interest Payable Debit Interest Expense and credit Accrued Interest Payable Credit
Accounting adjustments to account for accrued interest would:
Debit both Interest Expense and Accrued Interest Payable
Debit Interest Expense and credit Accrued Interest Payable
Credit Interest Expense and debit Accrued Interest Payable
Credit both Interest Expense and Cash
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