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On July 9, Mifflin Company receives a $10,300, 90-day, 8% note from customer Payton Summers as payment on account. What entry should be made on

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On July 9, Mifflin Company receives a $10,300, 90-day, 8% note from customer Payton Summers as payment on account. What entry should be made on July 9 to record receipt of the note? Multiple Choice . Debit Notes Receivable $10,300, credit Sales $10.300. Debit Notes Receivable $10,572; credit Interest Revenue $272, credit Accounts Receivable $10,300. Debit Notes Receivable $10,506; credit Sales $10,506 Debit Notes Receivable $10,300; credit Accounts Receivable $10,300 Debit Accounts Receivable $10,300; credit Sales $10,300

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