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For an interest-bearing note with accrued interest, the amount due at maturity is the: face value plus unpaid interest. face value. O unpaid interest. carrying

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For an interest-bearing note with accrued interest, the amount due at maturity is the: face value plus unpaid interest. face value. O unpaid interest. carrying value. The entry to record the dishonour of a note receivable, assuming the payee expects eventual collection, includes a debit to: allowance for doubtful accounts. bad debt expense. notes receivable. O accounts receivable. Evan Electrical borrowed $47,000 from Radiant Lending by signing an 8% promissory note due in 120 days. Which of the following will be part of the journal entry required by Radiant to initially record this transaction? Debit to Accounts Receivable for $47,000.00. O Debit to Notes Receivable for $47,000.00. Debit to Accounts Receivable for $48,236.16. O Debit to Notes Receivable for $48,236.16. The accounts receivable turnover ratio is calculated by dividing: O total sales by ending gross accounts receivable. O total sales by average gross accounts receivable. net credit sales by average net accounts receivable. Onet credit sales by average gross accounts receivable. The higher the receivables turnover the: poorer the receivable's management. O more liquid the company's receivables are. higher the collection period. higher the credit sales

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