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majestico majestico
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6 years ago
When an interest-bearing note comes due and is uncollectible, the journal entry includes:
A) debiting Accounts Receivable; crediting Interest Revenue.
B) debiting Notes Receivable; crediting Accounts Receivable.
C) debiting Notes Receivable; crediting Accounts Receivable and Interest Revenue.
D) debiting Accounts Receivable; crediting Notes Receivable and Interest Revenue.
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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LaffioLaffio
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6 years ago
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