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O you did not 0.71 points MC Qu. 154 On December 31, 2015, Infinity Inc. On accumulated interest on the note. Upon receipt of this

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O you did not 0.71 points MC Qu. 154 On December 31, 2015, Infinity Inc. On accumulated interest on the note. Upon receipt of this interest payment, Infinity should debit 31, 2015, Infinity Inc. records an adjusting entry to accrue interest on a note. On January 31, 2016, Infinity receives a check for $4,680, which represents two months of Interest Receivable for $2,340, debit Cash $2,340, and credit Interest Revenue for $4,680 O Cash for $4,680, credit Interest Receivable for $2.340, and credit Interest Revenue for $2.340 O Cash for $4 680 and credit Interest Receivable for $4,680. Cash for $4,680 and credit Interest Revenue for $4680 MC Qu. 154 On December 31 2015, finity Inc 9 0

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