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QUESTION 3 Coffey County Bank agrees to lend Adcock Brick Company $200,000 on January 1. Adcock Brick Company signs a $200,000, 8%, 9-month note. What

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QUESTION 3 Coffey County Bank agrees to lend Adcock Brick Company $200,000 on January 1. Adcock Brick Company signs a $200,000, 8%, 9-month note. What is the adjusting entry required if Adcock Brick Company prepares financial statements on June 30 Interest Expense.... 8,000 Interest Payable. 8,000 Interest Expense. Cash... 8,000 8,000 8,000 8,000 Interest Payable. Cash Interest Payable... Interest Expense.. 8,000 CD. 8,000

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