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Time left 0:48:34 Question 13 Not yet answered Marked out of 1.00 P Flag question On October 1, 2017, Dakota Company issued an $800,000, 10%,

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Time left 0:48:34 Question 13 Not yet answered Marked out of 1.00 P Flag question On October 1, 2017, Dakota Company issued an $800,000, 10%, nine-month interest-bearing note. If the Dakota Company is preparing financial statements at December 31, 2017, the adjusting entry for accrued interest will include a: a. Debit to Interest Expense of $30,000 O b. Debit to Interest Expense of $20,000 O c. Credit to Notes Payable of $20,000 O d. Credit to Interest Payable of $40,000 Previous page Next page

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