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22 Dry Corporation cannot pay off its account with Bone Corporation on a timely basis. Bone Corporation issues a $2,000 3 month, 12% promissory note

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22 Dry Corporation cannot pay off its account with Bone Corporation on a timely basis. Bone Corporation issues a $2,000 3 month, 12% promissory note to Dry Corporation in settlement of an open accounts receivable. What entry will Bone Corporation make upon issuance? 2,060 2.000 2,060 8 2.000 A) dr Notes Receivable cr Accounts Receivable B) dr Accounts Receivable er Notes Receivable C) dr Notes Receivable dr Interest Receivable er Accounts Receivable er Interest Revenue D) dr Notes Receivable cr Accounts Receivable 2.000 60 2.000 60 2.000 2.000

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