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22 a On November 19, Gregory Company receives a $19,800, 60-day, 10% note from a customer to replace an account receivable. What adjusting entry should

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a On November 19, Gregory Company receives a $19,800, 60-day, 10% note from a customer to replace an account receivable. What adjusting entry should be made by Gregory on the December 31 year-end? (Use 360 days a year.) Multiple Choice Debit Notes Receivable $231: credit interest Revenue $231 Debit interest Receivable $99, credit Interest Revenue $99 Debit Notes Receivable $23t, credit Interest Receivable $231 Debit Interest Receivable $23t credit Interest Revenue $231 Debit interest Revenue $330: Credit Interest Receivable $330

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