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Exit Parham Bridges receives a $24,000, 60-day, 6% note from QRS customer on November 19 as a payment on account. What adjusting entry should be

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Exit Parham Bridges receives a $24,000, 60-day, 6% note from QRS customer on November 19 as a payment on account. What adjusting entry should be made on the December 31 year-end regarding this information? (Use 360 days a year.) Multiple Choice Debit Notes Receivable 5168; credit Interest Receivable $168. Debit Interest Receivable $240; credit Interest Revenue $240. Debit Notes Receivable $72; credit interest Revenue $72. Debit Interest Receivable $168, credit Interest Revenue $168

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