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Sysurutak D Question 32 4.75 pts On 12/1. NY Deli Sandwich Shop purchased a building for $240,000 by signing a 10 year note payable with

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Sysurutak D Question 32 4.75 pts On 12/1. NY Deli Sandwich Shop purchased a building for $240,000 by signing a 10 year note payable with a 10% annual interest rate. Interest is due quarterly and principal is due upon maturity. As of 12/31, no interest was paid for this loan. What adjusting journal entry must be recorded on 12/31 to recognize the interest due, before the financial statements can be prepared? (Select ALL that apply) Credit verest Payable for $24,000 Creditres Payable for $2.000 Debit Cash for $24,000 Credit Cash for $24.000 Debit interest Expense for $2.000 Debt interest Expense for $24000 Debit interest Payable for $24,000 Debit interest Payable for $2.000 Credit Interest Receivable for $2.000 Debit interest Receivable for $24,000

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