Answered

Discover a wealth of information and get your questions answered on IDNLearn.com. Our community is here to provide detailed and trustworthy answers to any questions you may have.

< Previous
6v
Next
End of Semester Test:
ПВА
6
Select the correct answer.
Stears Corp. paid interest on loan of $3,500 by check. What will the entry in the journal of the company be?
OA. Interest on Loan account (debit) Cash in Bank account (credit)
ОВ. .
Cash in Bank account (debit) Interest on Loan account (credit)
Ос. .
Interest on Loan account (debit) Loan account (credit)
OD.
Loan account (debit) Interest on Loan account (credit)
OE.
Loan account (debit) Cash in Bank account (credit)
Reset
Next
© 2020 Edmentum. All rights reserved.

Sagot :

Peytonhartman12idn

Answer:

Explanation:

the awners is b because it shows understaing of what people do

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is committed to your satisfaction. Thank you for visiting, and see you next time for more helpful answers.