The adjusting entry to accrue interest expense results in: A

Business May 15, 2021

The adjusting entry to accrue interest expense results in:

A. an increase in interest expense

B. A decrease in interest expense

C. A decrease in interest in cash

D. A decrease in interest payable

Expert Solution

Answer:

A .

Step-by-Step explanation

The journal entry to record accrual of the interest expense usually increases the interest expense because the debt is the cause of the interest expense.

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