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46. When a bank collects a note for the holder, i nouifies the hoider on s form caliled a 47 A $5,000, 12% note is
46. When a bank collects a note for the holder, i nouifies the hoider on s form caliled a 47 A $5,000, 12% note is dated April 10 and is due in 90 days.The due date would be 48. When the holder of an interest-bearing note is unabile to entry includes collect the note when due, the journal 49. Face value of a note plus interest is called the O. The adjusting entry for accrued interest on a notes receivable includes 51. American Bank has loaned $12,000 to Shoreline Petroleum inc. using a 60-day non-interest-bearing note. The bank discounted the note at 12%. The proceeds of the loan will be 52. Tangible assets include (tal estare fin 53. The write-off of the cost of plant and equipment is called aft 54. The write-off of the cost of an intangible asset is called 55. Which of the followine is NOT
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