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Question 17 3 pts On April 1, 2020 Barriemore, Inc. borrowed $280,000 from Nebraska Bank on a 10-month, 5% note, with all principal and interest

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Question 17 3 pts On April 1, 2020 Barriemore, Inc. borrowed $280,000 from Nebraska Bank on a 10-month, 5% note, with all principal and interest due at maturity. Nebraska Bank makes adjusting journal entries monthly. What adjusting journal entry would Nebraska Bank make on April 30, 2020? O No entry because it will not have collected any cash O DR: Interest Receivable $1,400 CR: Interest Revenue $1,400 O DR: Interest Receivable $1,167 CR: Interest Revenue $1,167 O DR: Interest Expense $1,400 CR: Cash $1,400

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