Recording Dishonored Promissory Notes Receivable On September 30, the Camelback Company accepted a $50,000, 60 day, nine percent, promissory note in exchange for an overdue accounts receivabl balance for the same amount from the Schwartz Company. On November 30, the Schwart Company dishonored the note. What journal entry should be recorded on November 30? ODebit Dishonored Note Receivable Expense; credit Notes Receivable. ODebit Allowance for Doubtful Accounts; credit Notes Receivable. ODebit Accounts Receivable; credit Interest Income; credit Notes Receivable. ONone of these entries are correct. Check