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The Notes Receivable---Discounted account Question 2 options: contains a debit balance. reflects the amounts due on dishonored notes receivable. is shown as a liability on

The Notes Receivable---Discounted account Question 2 options:

contains a debit balance.

reflects the amounts due on dishonored notes receivable.

is shown as a liability on the balance sheet.

is deducted from Notes Receivable on the balance sheet.

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