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5 pts Fall Company holds a $4.000,8%, 45-day note of Harold Stone. On the maturity date Stone dishonors the note. Which of the following statements

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5 pts Fall Company holds a $4.000,8%, 45-day note of Harold Stone. On the maturity date Stone dishonors the note. Which of the following statements is true regarding Fall Company's journal entry to record this event? Both Cand Dare true statements The entry will include a credit to notes receivable for 4000 The entry will include a debit to accounts receivable for $4040 The entry will include a debit to interest revenue for $40 Fall Company has no entry to make

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