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please answer all the questions immediately thankyou!!! 14 Eater Company has a P180,000, 10%, 90-day note receivable outstanding at December 31. The note is dated
please answer all the questions immediately thankyou!!!
14 Eater Company has a P180,000, 10%, 90-day note receivable outstanding at December 31. The note is dated December 1, 2020. The appropriate adjusting entry is made to record accrued interest on the note at year-end. What is the correct adjusting entry on December 31 of the current year? (1 Point) Debit Interest Revenue and credit Interest Receivable, P4,500 Debit Interest Receivable and credit Interest Revenue, P4,500 Debit Interest Revenue and credit Interest Receivable P11500 Debit Interest Receivable and credit Interest Revenue. P1 500 15 On March 1, a company received P3,000 cash from a client as an advance for 12 months' worth of delivery services. The company initially recorded this receipt as a debit to cash and a credit to delivery service revenue. The adjusting entry on December 31 would include a: * I. (1 Point) debit to delivery service revenue, P2,500. O credit to unearned delivery service revenue, P500. O credit to delivery service revenue. P500. hs No adjusting entry was required because the delivery service was for a one-year period exactly 16 Given the following information, determine the cost of good sold: FG, beginning FG, ending Cost of goods manufactured 26,000 37,000 127,000 * (1 Point) ho Enter yourStep by Step Solution
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