Question
Interest receivable at 1/1/22 was 1,000. During 2022 cash received from debtors for interest on outstanding notes receivable amounted to 5,000. The 2022 income statement
Interest receivable at 1/1/22 was 1,000. During 2022 cash received from debtors for interest on outstanding notes receivable amounted to 5,000. The 2022 income statement showed interest revenue in the amount of 6,400. You are to provide the missing adjusting entry that must have been made, assuming reversing entries are not made.
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Data Communications Network Auditing How To Save Hundreds Of Thousands Of Dollars And Still Improve Network Response Time Network Performance And Network Availability
Authors: Bruce Griffis
1st Edition
0936648937, 978-0936648934
