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The bank statement showed a non-interest bearing note receivable from a customer that was collected by the bank, which the company listed as a

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The bank statement showed a non-interest bearing note receivable from a customer that was collected by the bank, which the company listed as a reconciling item on the bank reconciliation statement. The journal entry needed for this reconciling item includes: Multiple Choice a debit to Cash a credit to interest Income, a credit to Cash a debit to Accounts Receivable.

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