Business, 16.12.2019 18:31 alannaamarriee

On november 1, orpheum company accepted a $11,500, 90-day, 8% note from a customer to settle his account. what entry should be made on the november 1 to record the acceptance of the note? multiple choice debit sales $11,500; credit accounts receivable $11,500. debit note receivable $11,500; credit cash $11,500. debit note receivable $11,500; credit accounts receivable $11,500. debit note receivable $11,730; credit accounts receivable $11,500; credit interest revenue $230. debit note receivable $11,500; credit sales $11,500.

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On november 1, orpheum company accepted a $11,500, 90-day, 8% note from a customer to settle his acc...

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