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If eventual collection is expected on a dishonoured note receivable, a. it is recorded in the Allowance for Doubtful Accounts. b. it is recorded as
If eventual collection is expected on a dishonoured note receivable,
a. it is recorded in the Allowance for Doubtful Accounts.
b. it is recorded as a bad debt expense.
c. it remains in the Notes Receivable Account until it is collected.
d.it is recorded as a debit to Accounts Receivable.
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