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Rayan Company lends Rayan Company $60,000 on April 1, accepting a four-month, 8% interest .13 note. Rayan Company prepares financial statements on April 30. What
Rayan Company lends Rayan Company $60,000 on April 1, accepting a four-month, 8% interest .13 note. Rayan Company prepares financial statements on April 30. What adjusting entry should be * ?made before the financial statements can be prepared for the interest receivable () (2 )
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