Business, 06.09.2019 02:30 Chad1592

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 $20,000 face value and 6% interest. on october 30, the journal entry to record the collection of the note should include a a. credit to notes receivable for $20,300b. debit to interest receivable for $300c. credit to interest revenue for $300d. debit to notes receivable for $20,000

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