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The adjusting entry to record interest owed on obligations at the end of the accounting period includes a debit to: Multiple Choice Interest Expense and

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The adjusting entry to record interest owed on obligations at the end of the accounting period includes a debit to: Multiple Choice Interest Expense and credit to Interest Payable. Interest Recelvable and credit to Interest Recelvable. Interest Expense and credit to Notes Payable. Interest Payable and credit to Interest Expensc

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