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On July 1, 2017, our company accepts a 9-month 5% note for $12,000. What account and amount would we credit when we record the year-end

On July 1, 2017, our company accepts a 9-month 5% note for $12,000. What account and amount would we credit when we record the year-end adjusting entry on December 31, 2017? Group of answer choices interest revenue $300, interest revenue $350, interest receivable $300, interest receivable $350.

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