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On December 31, the adjusted trial balance of Bridgeport Employment Agency shows the following selected data. Accounts Receivable $25,000 Service Revenue $92,900 Interest Expense
On December 31, the adjusted trial balance of Bridgeport Employment Agency shows the following selected data. Accounts Receivable $25,000 Service Revenue $92,900 Interest Expense 7,900 Interest Payable 1,800 Analysis shows that adjusting entries were made to (1) accrue $6,200 of service revenue and (2) accrue $1,800 interest expense.
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