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VIEW PUNILI Current Attempt in Progress On February 1, Culluniber Ltd. signed a 4%, twelve-month bank loan payable for $162000 to help finance increases in

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VIEW PUNILI Current Attempt in Progress On February 1, Culluniber Ltd. signed a 4%, twelve-month bank loan payable for $162000 to help finance increases in inventory for the spring and summer season. Assuming no entries have been made previously for the interest on this loan, what is the required adjusting entry for the interest accrued to December 31? 540 Interest Expense Cash 540 O Interest Expense Interest Payable 5940 5940 O Interest Expense Interest Payable 5400 5400 Interest Expense Interest Payable 6480 6480 here to searc

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