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Al Rawabi Company lend Emran Company RO 55000 on February 1st, with a maturity of six months, 12% interest note. If Emran Paid Al Rawabi

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Al Rawabi Company lend Emran Company RO 55000 on February 1st, with a maturity of six months, 12% interest note. If Emran Paid Al Rawabi on August 1st, What will be Al Rawabi journal entry to record the transaction on August 1st: Select one: a. Cash 55000 Note Receivable 55000 b. Cash 3300 Interest Receivable 3300 C. Cash 58300 Note Receivable 55000 Interest Revenue 3300 d. Note Receivable 58300 Cash 55000 Interest Receivable 3300

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