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Moss County Bank agrees to lend the Sadowski Brick Company $200,000 on January 1. Sadowski Brick Company signs a $200,000, 696, 9-month note. What is
Moss County Bank agrees to lend the Sadowski Brick Company $200,000 on January 1. Sadowski Brick Company signs a $200,000, 696, 9-month note. What is the adjusting entry required if Sadowski Brick Company prepares financial statements on June 30? a. Interest Expense 59. 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 Interest Payable Cash Cash Interest Expense b. Interest Expense c. Interest Payable d. Interest Payable
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