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Zebra pays $5.000 in interest on notes consisting of $3,000 of interest that was accrued during the last accounting period and $2,000 of interest that

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Zebra pays $5.000 in interest on notes consisting of $3,000 of interest that was accrued during the last accounting period and $2,000 of interest that accumulated during the current accounting period but has not yet been accrued on the books, The journal entry for the interest payment should include a: debit to Interest Expense for $2,000, a debit to interest Payable for $3.000, and a credit to Cash for $5.000. debit to cash for $5,000 and a credit to interest Payable for $5.000. debit to interest Payable for $3,000, a debit to Accrued Interest for $2.000 and credit to cash fon $5.000 dobit to interest Expense for $5,000 and a credit to Cash for $5,000

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