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help Save & Exit On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $20,700. What is the adjusting
help Save & Exit On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $20,700. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.) Multiple Choice Debit interest payable. $230; credit interest expense, $230. Debit Interest Expense, $345; credit Interest Payable, $345. Debit Interest Payable, $690, credit Interest Expense, $690. 0 Debit Interest Expense, $460; credit Interest Payable, $460. MacBook Air
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