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SES industries agree to sign a note on November 1, for a 120-day, note payable, with a face value of 500,000. What is the adjusting

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SES industries agree to sign a note on November 1, for a 120-day, note payable, with a face value of 500,000. What is the adjusting entry for the accrued in Oct on the GUIT (Use 360 days a year.) O A. Debit interest Expense, 52.400 credit interest Payable. 52,400. O . No adjusting entry is required OC. Debit interest Payable $1.200: credit interest Expense 1.200 OD. Debit interest Expense 31.200 credit interest Payat, $1.200

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