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Which of the following statement is correct? O A company that received a 6-month a promissory note would report its face value on the statement

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Which of the following statement is correct? O A company that received a 6-month a promissory note would report its face value on the statement of financial position as a long-term receivable. The amount shown on a note is called the face value To be considered a negotiable instrument, a promissory note must specify an interest rate O All these statements are correct

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