On a bank reconciliation, the adjusting entry to record interest carned should be: OA. O B. OC. O D. A debit to Interest Revenue a eredit to Cash. A debit to Cash and a credit to Notes Payable. A debit to Cash and a credit to Accounts Receivable. A debit to Cash and a credit to Interest Revenue

On a bank reconciliation, the adjusting entry to record interest carned should be: OA. O B. OC. O D. A debit to Interest Revenue a eredit to Cash. A debit to Cash and a credit to Notes Payable. A debit to Cash and a credit to Accounts Receivable. A debit to Cash and a credit to Interest Revenue

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 11Q: Will an accounts receivable balance increase with a debit or a credit entry? How do you know?

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