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Plunder Inc. accepted a six-month noninterest bearing note for $2, 800 on January 1, 2016. The note was accepted as payment of a delinquent receivable

Plunder Inc. accepted a six-month noninterest bearing note for $2, 800 on January 1, 2016. The note was accepted as payment of a delinquent receivable of $2, 500. What is the correct entry to record the

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