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Suppose Freddy's Ltd. holds a loan receivable from a client. At the end of September, $75 of interest revenue has been earned but not received.

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Suppose Freddy's Ltd. holds a loan receivable from a client. At the end of September, $75 of interest revenue has been earned but not received. Prepare the adjusting entry at September 30. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit Sep. 30

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