Question

journal entry worksheet
< 1 3
adjusted the year - end accounts for the accrued interest earned on the white note.
note: enter debits before credits.
date general journal debit credit
december 31

Explanation:

Step1: Identify the accounts involved

When adjusting for accrued interest earned, we debit Interest Receivable (an asset account) and credit Interest Revenue (a revenue account).

Step2: Record the journal - entry

The journal - entry for December 31 to record the accrued interest earned on the White note is as follows:

Date	General Journal	Debit	Credit
	Interest Revenue		[Amount of accrued interest]

Answer:

Date	General Journal	Debit	Credit
	Interest Revenue		[Amount of accrued interest]