Business, 15.03.2022 19:20 bsweeney3328
For the current year, Bubbles Office Supply had earned $600 of interest on investments. As of December 31, none of this interest had been received or recorded. Demonstrate the required half of the adjusting entry by choosing the correct statement below.
a. Debit Cash for $600.
b. Debit Interest revenue for $600.
c. Credit Interest receivable for $600.
d. Debit Interest receivable for $600.'
Answers: 2
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For the current year, Bubbles Office Supply had earned $600 of interest on investments. As of Decemb...
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