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Question 9 For the payee, being given additional time to settle an account with issuance of a note results in a shift of: assets from

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Question 9 For the payee, being given additional time to settle an account with issuance of a note results in a shift of: assets from Notes Receivable to Accounts Receivable. assets from Accounts Receivable to Notes Receivable. liabilities from Notes Payable to Accounts Payable liabilities from Accounts Payable to Notes Payable

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