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QUESTION 6 The adjusting entry to record accrued interest expense is: Debit Interest expense and...

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Accounting

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QUESTION 6 The adjusting entry to record accrued interest expense is: Debit Interest expense and Credit Interest Payable. True False QUESTION 8 Alpha Express Capital account has a credit balance of $21.000 before closing entries are made. If total Income Summary was 48 800 credit balance and withdrawals were $5,000 The ending balance in the Alpha Express Capital account after all closing entries are made will have $64,800 credit balance True False

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