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The Notes Receivable---Discounted account A. contains a debit balance. B. reflects the amounts due on dishonored notes receivable. C. is shown as a liability on

The Notes Receivable---Discounted account A. contains a debit balance. B. reflects the amounts due on dishonored notes receivable. C. is shown as a liability on the balance sheet. D. is deducted from Notes Receivable on the balance sheet

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