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Journalizing note receivable transactions including a dishonored note On September 30, 2016, Regal Bank loaned $92,000 to Kim Warner on a one-year 6% note. Regal's

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Journalizing note receivable transactions including a dishonored note On September 30, 2016, Regal Bank loaned $92,000 to Kim Warner on a one-year 6% note. Regal's fiscal year ends on December 31. Requirements Journalize all entries for Regal Bank related to the note for 2016 and 2017 Which party has a note receivable? Note interest revenue interest expense? Suppose that Kim Warner defaulted on the note. What entry would Regal record for the dishonored

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