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On October 31, 20x4, you lend 1966432 to another company for one year At October 31, 20x5, you will receive the $1966432 plus 5% interest.

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On October 31, 20x4, you lend 1966432 to another company for one year At October 31, 20x5, you will receive the $1966432 plus 5% interest. The December 31, 20x4 adjusting entry will include a credit to: Select one Interest revenue in the amount of $24580 Interest receivable in the amount of $24580 Interest receivable in the amount of $16387 Interest revenue in the amount of $16387

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