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Find the amount of interest due on notes and bonds payable

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Reference no: EM132558810

Question 1: The amount of interest due on notes and bonds payable owed by the company is adjusted by

Option a. debiting Interest Expense and crediting Cost of Goods Sold.

Option b. debiting Interest Payable and crediting Interest Expense.

Option c. debiting Interest Expense and crediting Interest Payable.

Option d. debiting Interest Payable and crediting Cost of Goods Sold.

Reference no: EM132558810

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