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Blue Spruce Corp. lends Ayayai industries $60000 on August 1, 2022, accepting a 9-month, 12% interest note. If Blue Spruce Corp. prepares its financial statements
Blue Spruce Corp. lends Ayayai industries $60000 on August 1, 2022, accepting a 9-month, 12% interest note. If Blue Spruce Corp. prepares its financial statements as of December 31, 2022, what adjusting entry must it make? 3000 Accounts Receivable 3000 Interest Receivable Cash 3000 3000 Interest Revenue Notes Receivable 3000 3000 Interest Revenue O Interest Receivable 3000 3000 Interest Revenue
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