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It is December 31, 20x9 and TZ Corporation is making their necessary year-end adjusting entries. Their accountant is unsure how to properly adjust for the
It is December 31, 20x9 and TZ Corporation is making their necessary year-end adjusting entries. Their accountant is unsure how to properly adjust for the following items: Interest incurred on an outstanding loan of $6838 at Interest earned on an outstanding loan of $26372 Select one: C a. A debit to interest expense of $ 263 b. A credit to interest revenue of 26 c. A credit to interest revenue of $ OOOOHHH d. A credit to interest expense of $ Check
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