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Liberty Company calculates that interest of $900 has accrued at December 31 on outstanding notes payable. How should Liberty record this on December 317 Select

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Liberty Company calculates that interest of $900 has accrued at December 31 on outstanding notes payable. How should Liberty record this on December 317 Select one: BALANCE SHEET INCOME STATEMENT STOCKHOLDER'S EQUITY REVENUE ASSETS Cash Prepaid interest 900 LIABILITIES Interest Payable EXPENSE Interest Expense -900 +900 Ob BALANCE SHEET INCOME STATEMENT STOCKHOLDER'S EQUITY . ASSETS Cash Prepaid interest REVENUE LIABILITIES Interest Payable +900 EXPENSE Interest Expense 900 900 C BALANCE SHEET INCOME STATEMENT STOCKHOLDER'S EQUITY LIABILITIES Interest Payable ASSETS Cash Prepaid interest -900 REVENUE EXPENSE Interest Expense +900 -900 d BALANCE SHEET INCOME STATEMENT ASSETS LIABILITIES STOCKHOLDER'S EQUITY REVENUE - EXPENSE EQUITY REVENUE . ASSETS Cash Prepaid Interest +900 LIABILITIES Interest Payable EXPENSE Interest Expense -900 +900 ob. BALANCE SHEET INCOME STATEMENT ASSETS Cash Prepaid Interest STOCKHOLDER'S EQUITY REVENUE LIABILITIES Interest Payable +900 EXPENSE Interest Expense +900 -900 O c. BALANCE SHEET INCOME STATEMENT STOCKHOLDER'S EQUITY + ASSETS Cash Prepaid Interest -900 LIABILITIES Interest Payable REVENUE. EXPENSE Interest Expense +900 -900 O d. BALANCE SHEET INCOME STATEMENT STOCKHOLDER'S EQUITY ASSETS Cash Prepaid Interest + LIABILITIES Interest Payable -900 REVENUE - EXPENSE Interest Expense -900 +900 alalalalala O e. None of the above

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