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Question 3 of 7 < > View Policies Current Attempt in Progress -/7 E At December 31, 2021, Cullumber Company had a five-month, 5%,
Question 3 of 7 < > View Policies Current Attempt in Progress -/7 E At December 31, 2021, Cullumber Company had a five-month, 5%, $74,400 note receivable that was issued on October 1, 2021. Interest and principal are payable at maturity on March 1, 2022. Prepare the December 31, 2021, adjusting entry for accrued interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 (To accrue interest at year-end) Debit Credit
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