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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 r…

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 r…
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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. Credit Interest receivable for $600.
b. Debit Interest revenue for $600.
c. Debit Cash for $600.
d. Debit Interest receivable for $600.'

asked
User Hamid Haghdoost
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1 Answer

10 votes

Answer:debit interest receivable for 600

Step-by-step explanation:

answered
User CostelloNicho
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8.2k points
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