Use This Information to Answer the Following Question

question 32

Multiple Choice

Use this information to answer the following question. The transactions below pertain to Dunhill Company,whose fiscal year ends April 30.
The April 30 adjusting entry,rounded to the nearest dollar,to accrue the interest expense on the note payable is:

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Free Trade

An economic policy that allows imports and exports among member countries with little to no tariff barriers.

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A monetary and economic union of 19 European Union countries that have adopted the euro as their common currency.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to foster economic cooperation and create a barrier-free single market.

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