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Business, 24.09.2020 21:01 tacosloco7607

Bank of College Park loaned $9,000 to a customer on May 1, 2018, accepting a 9-month, 8% note. The bank recorded the transaction properly on May 1. As of year-end on December 31, 2018, what adjusting entry will the bank make with respect to this note? Group of answer choices Unearned interest 480 Interest revenue 480 Interest receivable 720 Interest revenue 720 Interest Receivable 540 Interest revenue 540 Interest receivable 480 Interest revenue 480

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Bank of College Park loaned $9,000 to a customer on May 1, 2018, accepting a 9-month, 8% note. The b...

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