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Suppose Eric's Ltd. holds a loan receivable from a client. At the end of November, $250 of interest revenue has been earned but not received.

image text in transcribed Suppose Eric's Ltd. holds a loan receivable from a client. At the end of November, $250 of interest revenue has been earned but not received. Prepare the adjusting entry at November 30 . Complete the journal entry below. (Record debits first, then credits. Exclude explanations from journal entries.)

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