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On November 1, Orpheum Company accepted a $10,600, 90-day, 10% note from a customer to settle his account. What entry should be made on the

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On November 1, Orpheum Company accepted a $10,600, 90-day, 10% note from a customer to settle his account. What entry should be made on the November 1 to record the acceptance of the note? Multiple Choice Debit Note Receivable $10,865; credit Accounts Receivable $10,600; credit Interest Revenue $265. Debit Note Receivable $10,600; credit Accounts Receivable $10,600. Debit Note Receivable $10.600; credit Sales $10,600. Debit Sales $10,600; credit Accounts Receivable $10,600. O Debit Note Receivable $10,600; credit Cash $10.600

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