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When interest is incurred but not yet paid, which of the following entries should be made? Select one: a. Debit Cash; Credit interest Expense O

When interest is incurred but not yet paid, which of the following entries should be made? Select one: a. Debit Cash; Credit interest Expense O b. Debit interest Expense; Credit Cash c. Debit Interest Expense; Credit Interest Payable d. Debit Interest Payable; Credit Interest Expense

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