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Chapter 3 Name: EXERCISE 3-4 Garret Co. has accrued but uncollected interest of $320 as of December 31 on a note receivable Instructions: Using the

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Chapter 3 Name: EXERCISE 3-4 Garret Co. has accrued but uncollected interest of $320 as of December 31 on a note receivable Instructions: Using the T accounts below, record the adjusting entry for accrued interest income as of December 31. Then journalize the entry. Interest Receivable Interest Revenue 320 JOURNAL DESCRPTION POST DENT CREDIT

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