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Specialty incorporated converts an existing account receivable to a note receivable to allow an extended payment period. Specialty receives a $2000. 3-month. 12% promissory note

Specialty incorporated converts an existing account receivable to a note receivable to allow an extended payment period. Specialty receives a $2000. 3-month. 12% promissory note from its customer. What entry will Specialty make upon issuance of the

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