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Question 19 of 19 -/3 View Policies Current Attempt in Progress Kingbird, Inc. lends Sunland Company $58800 on April 1, accepting a four-month, 12% interest
Question 19 of 19 -/3 View Policies Current Attempt in Progress Kingbird, Inc. lends Sunland Company $58800 on April 1, accepting a four-month, 12% interest note. Kingbird, Inc. prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared? Cash 588 Interest Revenue 588 O Interest Receivable 1764 Interest Revenue 1764 O Note Receivable 58800 Cash 58800 58800 O Interest Receivable 588 Interest Revenue 588 Save for Later Attempts: 0 of 1 used Submit
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