On october 31 20x4 you lend 1966432 to another company for


On October 31, 20x4, you lend 1966432 to another company for one year At October 31, 20x5, you will receive the $1966432 plus 5% interest. The December 31, 20x4 adjusting entry will include a credit to: Select one Interest revenue in the amount of $24580 Interest receivable in the amount of $24580 Interest receivable in the amount of $16387 Interest revenue in the amount of $16387

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Accounting Basics: On october 31 20x4 you lend 1966432 to another company for
Reference No:- TGS02608293

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