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Check my On July 9, Mifflin Company receives an $7,800, 150-day, 10% note from customer Payton Summers as payment on account. What entry should be

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Check my On July 9, Mifflin Company receives an $7,800, 150-day, 10% note from customer Payton Summers as payment on account. What entry should be made on the maturity date assuming the maker pays in full, and no adjusting entries have been made related to the note? (Use 360 days a year.) Multiple Choice o Debit Notes Receivable $7,800, debit interest Receivable $325 credit Sales $8125. Debit Cash 58325; credit Interest Revenue $325: credit Notes Receivable $7.800. Debit Cash $7.800: credit Notes Receivab O se Debit Carn $7.947, credit interest Revenue 3:47: Debit Cash 57.930; credit interest Rese

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