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Gerardo's department lost productivity this week when two employees failed to report to work as scheduled.Other employees had to do the missing employees' work and were not able to completely do their regular jobs.What Gerardo's department is experiencing is _______.
Accrued Interest
Interest that has been incurred but not yet paid or received in cash.
Adjusting Entry
An accounting record made to adjust income or expenditure in accounts to reflect the accrual basis of accounting properly.
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