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interest of 75 has accrued during the month and not a note payable . the company's adjusting entry to record this at the end of
interest of 75 has accrued during the month and not a note payable . the company's adjusting entry to record this at the end of month would be debit interest revenue 75 and credit interest receivable 75 debit interest expense 75 and credit interest payable 75 debit interest receivable 75 and credit interest revenue 75 debit interest payable 75 and credit interest expense 75
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