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accrued interest on a note receivable for the month of November was $40. What entry should be used to record the accrued interest for the

accrued interest on a note receivable for the month of November was $40. What entry should be used to record the accrued interest for the month of November? a) debit interest expense and credit interest income b)debit interest expense and credit interest payable c) debit interest receivable and credit interest income d) debit interest receivable and credit interest payable

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