birdydoe9663 birdydoe9663
  • 15-07-2024
  • Business
Answered

The entry required to record a reversing entry for an accrual of interest expense for the previous year end, should include a:
A. Credit to Income Summary
B. Credit to Interest Payable
C. Credit to Interest Expense
D. Debit to Capital



Answer :

Other Questions

A piece of plywood 24 inches wide is cut into strips 2 1/2 inches wide. How many strips of this width can be cut?
A rectangle with dimensions of 3 units by 5 units is enlarged by a scale factor of 1.4 By what percent does its area increase?
Who established a school in Portugal to help sea captains get better at navigation
What is the difference between movement and locomotion?
Mr. Tom gives $30 to Bailey and Jenny. If Bailey gets twice as much money as Jenny how much will Jenny get?
What are 3 figurative language's in the poem "on the grasshopper and the cricket"by john keats
Which value of x is in the solution set of 4/3x +5 < 17?would the answer be 8 or 9?
Which value of x is in the solution set of 4/3x +5 < 17?would the answer be 8 or 9?
tickets for a high school play cost 3 dollars for children and 5 dollars for adults. The revenue for one performance was 663 dollars and 145 tickets were sold.
A piece of plywood 24 inches wide is cut into strips 2 1/2 inches wide. How many strips of this width can be cut?