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Assume Community pays interest on January 1. The journal entry at December 31, 2020 would include a credit to (C16L01) Select one: O a. Interest

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Assume Community pays interest on January 1. The journal entry at December 31, 2020 would include a credit to (C16L01) Select one: O a. Interest Revenue for $4,800. b. Interest Receivable for $4,800. O c. Interest Receivable for $2,400. d. Accrued Expense for $4,800

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