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A company's monthly bank statement shows a collection of a note receivable by the bank in the amount of $500. Which of the following is

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A company's monthly bank statement shows a collection of a note receivable by the bank in the amount of $500. Which of the following is one part of the journal entry needed to record the note collection by the company? Credit to Cash for $500 Debit to Notes Receivable for $500 Credit to Notes Receivable for $500 Credit to Note Expense for $500

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