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A company receives a $5,000, 3-month, 6% promissory note from a customer in settlement of an account receivable. What journal entry will the company record

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A company receives a $5,000, 3-month, 6% promissory note from a customer in settlement of an account receivable. What journal entry will the company record as a result of this transaction? None of these O Notes Receivable 5.000 Accounts Receivable-Bay Company 5,000 5,075 O Notes Receivable Accounts Receivable--Bay Company Interest Revenue 5,000 75 O Notes Receivable 5,000 75 Interest Receivable Accounts Receivable-Bay Company Interest Revenue 5,000 75 5,075 Notes Receivable Accounts Receivable ---Bay Company 5,075

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