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On August 1, 2021, Turner Manufacturing lends cash and accepts a $15,000 note receivable that offers 10% interest and is due in nine months. interest

On August 1, 2021, Turner Manufacturing lends cash and accepts a $15,000 note receivable that offers 10% interest and is due in nine months. interest and is due in nine months. How would Turner record the year-end adjustment to accrue interest in 2012? (Round your answer to the nearest dollar amount.)

Interest Revenue 683
Interest Receivable 683
Interest Receivable 1500
Interest Revenue 1500
Interest Receivable 683
Interest Revenue 683
Interest Receivable 625
Interest Revenue 625

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