Business, 13.05.2021 03:20 addidas234cs

WILL MARK BRAINLIEST! Stears Corp. paid interest on loan of $3,500 by check. What will the entry in the journal of the company be?

A. Interest on Loan account (debit) Cash In Bank account (credit)

B. Cash in Bank account (debit) Interest on Loan account credit)

C. Interest on Loan account (debit) Loan account (credit)

D. Loan account (debit) Interest on Loan account (credit)

E. Loan account (debit) Cash in Bank account (credit)

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WILL MARK BRAINLIEST! Stears Corp. paid interest on loan of $3,500 by check. What will the entry in...

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