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Assume a company has the following information:Note Receivable: $ 1 0 0 , 0 0 0 Interest Rate: 9 % Issue Date: August 1 ,
Assume a company has the following information:Note Receivable: $Interest Rate: Issue Date: August Yearend: December Maturity Date: April Assuming adjusting entries are recorded at yearend, the journal entry on the notes maturity date includes a:Group of answer choicesCredit to Interest Revenue of $Debit to Notes Receivable of $Credit to Interest Revenue of $Credit to Interest Receivable of $Debit to Cash of $
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