The beginning balance of Prepaid Interest was $5,400 and the ending balance was $7,800. The...
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Accounting
The beginning balance of Prepaid Interest was $5,400 and the ending balance was $7,800. The Interest Expense account for the year was $25,800. How much cash was paid for interest?
Select one:
A. $28,200
B. $24,300
C. $25,800
D. $23,400
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