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debit Interest Expense, $1,500; credit Interest Payable, $1,500. QUESTION 9 A small neighbourhood barber shop that is operated by its owner would likely be organized

debit Interest Expense, $1,500; credit Interest Payable, $1,500. QUESTION 9 A small neighbourhood barber shop that is operated by its owner would likely be organized as a O a private corporation. b. partnership. C proprietorship. d. public corporation. QUESTION 10 The unadjusted trial balance for Washago Ltd. is shown below: WASHAGO LTD

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