Business, 27.11.2019 06:31 tintlemax6256
On august 1, kim company accepted a 90-day note receivable as payment for services provided to hsu company. the terms of the note were $10,000 face value and 6% interest. on october 30, the journal entry to record the collection of the note should include a
answer
a.
debit to interest receivable for $150
b.
debit to notes receivable for $10,000
c.
credit to notes receivable for $10,150
d.
credit to interest revenue for $150
Answers: 1
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On august 1, kim company accepted a 90-day note receivable as payment for services provided to hsu c...
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