maining Time: 2 hours, 13 minutes, 18 seconds. aestion Completion Status: QUESTION 45 A 90-day, 12% nate payable for $1,000 was issued on December 1 for a loan received from a bank. The adjustment to interest Payable on December 31 would be: $30. $120. $60. $10. $880 QUESTION 46 A company borrowed $1,800 on December 16, 2004, giving a 180-day note payable at 12% interest. The December 31 adjusting entry should include: a debit to interest Revenue for $108. O a debit to Interest Expense for $9. a debit to Interest Expense for $108. O a credit to interest Payable for $216. a debit to interest Expense for $216. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Win MacBook Pro uestion Completion Status: Missouri Magazine Publishing Company sells magazine subscriptions on an annual basis covering 12 issues. Subscriptions totaling $24.000 were sold in November, and the first magazines are delivered in December. The total amount collected was recorded in Unearned Magazine Revenues. The adjusting entry required at December 31 would include: a debit to Unearned Magazine Revenues for $22,000. a credit to Unearned Magazine Revenues for $22,000. a debit to Magazine Revenues for $2,000. a credit to Magazine Revenues for $2,000. a credit to Unearned Magazine Revenues for $2,000. QUESTION 44 A 120 day, 12% note receivable for $2,500 was received from a customer on November 1. The adjustment to Interest Receivable on December 31 would be: $50. $100 $300 $0, since none is receivable. $2,500. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Win 208LOL.7O3-000000 MacBook Pro