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First National Bank agrees to lend $100,000 on September 1, 2014, Cole Wam Co siges a 100.000, 12% four month on January 1.the adjusting entry

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First National Bank agrees to lend $100,000 on September 1, 2014, Cole Wam Co siges a 100.000, 12% four month on January 1.the adjusting entry on Dec. 313 estion 20 tyet wered arked out of 00 . Debit interest expense 4,000 and credit interest payable 4.000 O b. Debit Interest payable 4,000 and credit Interest experise 4.000 O Debit Interest expense 4,000 and credit Cash 4,000 Od Debit Cash 4,000 and credit Interest payable 4,000 Flag question Finish them

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