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Suppose Bobby's Ltd. holds a loan receivable from a client. At the end of October, $225 of interest revenue has been earned but not received.

Suppose Bobby's Ltd. holds a loan receivable from a client. At the end of October, $225 of interest revenue has been earned but not received. Prepare the adjusting entry at October 31.

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Suppose Bobby's Lid. holds a loan receivable from a client. At the end of October, $225 of interest revenue has been earned but not received. Prepare the adjusting entry at October 31. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit Oct. 31

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