stion 16 yet swered On October 1, 2017, Dakota Company issued an $800,000, 10%, nine...
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stion 16 yet swered On October 1, 2017, Dakota Company issued an $800,000, 10%, nine month interest-bearing note. If the Dakota Company is preparing financial statements at December 31, 2017, the adjusting entry for accrued interest will include a: Erked out of 00 Flag question O a. Credit to Notes Payable of $20,000 O b. Credit to Interest Payable of $40,000 OC. Debit to Interest Expense of $30,000 O d. Debit to Interest Expense of $20,000 Previous page Next nage
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