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Freshly Co purchased an investment security on September 1 that will pay $1.200 interest on...

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Accounting

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Freshly Co purchased an investment security on September 1 that will pay $1.200 interest on November 30. Which of the following adjusting entries would be made on September 307 Multiple Choice Debit interest Revenue and credit interest Receivable for $4200 Debit interest Receivable and credit interest Revenue for $1.200 Debit interest Receivable and creat interes Revenue for $400 Debit Interest Revenue and credit interest Receivable for 5400

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