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On October 31, 20x4, you lend $ 1004772 to another company for one year. At October 31, 20x5, you will receive the $1004772 plus 7%
On October 31, 20x4, you lend $ 1004772 to another company for one year. At October 31, 20x5, you will receive the $1004772 plus 7% interest. The December 31, 20x4 adjusting entry will include a credit to: Select one: O a. Interest receivable in the amount of $11722 O b. Interest revenue in the amount of $17584 O c. Interest receivable in the amount of $17584 O d. Interest revenue in the amount of $11722
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