On July 1,2024, Green Company accepted a one - year, 6% note for $5,000 in...
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Accounting
On July Green Company accepted a one year, note for $ in settlement of an overdue account receivable. The accounting period ends on December What would be the journal entry to record the accrued interest at yearend?
A Interest Revenue Interest Receivable
B Interest Receivable Cash
C Interest Receivable Interest Revenue
D Interest Receivable Interest Revenue
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