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Incorrect Question 10 070.5 pts On June 1, 20x1, ABC Corp. invested $250,000 into a certificate of deposit for 9-months, earning 9% APR. Principal and

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Incorrect Question 10 070.5 pts On June 1, 20x1, ABC Corp. invested $250,000 into a certificate of deposit for 9-months, earning 9% APR. Principal and interest will be received at maturity on March 1, 20x2. ABC's year end is December 31. At year end, the appropriate adjusting journal entry was recorded to accrue interest. To record the appropriate journal entry at maturity on March 1, 20x2 for receipt of principal plus interest at maturity, ABC would: Credit Cash for $250,000 Credit Interest Revenue for $16,875 Credit Interest Receivable for $13,125 Debit "Investment in CD" for $250,000 05105 nts

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