Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Experience the convenience of finding accurate answers to your questions from knowledgeable professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

< 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 :

peytonhartman12

Answer:

Explanation:

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

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.