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QUESTION 18 What account would be Debited (1) In the journal entry to record the receipt of a $10,000,5%, 60-day notes receivable from a customer,

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QUESTION 18 What account would be Debited (1) In the journal entry to record the receipt of a $10,000,5%, 60-day notes receivable from a customer, John Doe to apply on his account on April 1, 2012? JOURNAL Page 25 DATE DESCRIPTION P.REF. DEBIT CREDIT 4/1/12 (1) (?) $10,000 (2) $10,000 Notes Payable - John Doe O Cash Accounts Receivable John Doe Notes Receivable

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