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What is the answer? 3. ALI purchased merchandise from SAAD on October 17 of the current year. SAAD accepted ALI'S $6,000, 90 day, 10% note
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3. ALI purchased merchandise from SAAD on October 17 of the current year. SAAD accepted ALI'S $6,000, 90 day, 10% note as payment. What entry should SAAD make on January 15 of the next year when the note is paid? . Notes Receivable 6000 Interest Receivable 150 Sales 6150 . Cash 6150 Notes Receivable 6150 B 6150 Cash Interest Revenue Interest Receivable Notes Recervable 125 25 6000 D. D 6150 Cash Interest Revenue Interest Receivable Notes Receivable 25 125 6000 Step by Step Solution
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