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On August 1, Kim Company accepted a 90-day note recelvable as payment for services provided to Hsu Company. The terms of the note were $10,000

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On August 1, Kim Company accepted a 90-day note recelvable as payment for services provided to Hsu Company. The terms of the note were $10,000 face value and 4% interest On October 30 , the joumal entry to record the collection of the note should include a a. Interen Revenue for $500. b. Nete Receivable for $200 c. Laterea Receivalie fer 50 . d. Credit lo lesterat Revervie for $160

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