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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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8 years ago
If the maker of a note does not pay at maturity, ________.
A) the principal is recorded as a debit to the Accounts Receivable account
B) the note is no longer in force because it has expired
C) interest revenue cannot be accrued on the note
D) the debtor no longer owes the payee
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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8 years ago
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H3Ko Author
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#2
8 years ago
I just realized you had posted this! Thanks so much
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