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False 52. On June 1, 2018, Jensen Company acquired an 8%, ten-month note receivable from a customer in settlement of an existing account receivable of

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False 52. On June 1, 2018, Jensen Company acquired an 8%, ten-month note receivable from a customer in settlement of an existing account receivable of $130,000. Interest and principal are due at maturity. Jensen's entry to record the collection of this note at maturity includes a: (4 Points) Credit to Interest Receivable of $2,600. Credit to Interest Revenue of $6,067. Credit to Interest Receivable of $6,067. Credit to Notes Receivable of $140,400

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