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    College Accounting Study Set 5
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    Exam 17: Accounting for Notes and Interest
  5. Question
    When a Bank Collects a Note for the Holder, It
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When a Bank Collects a Note for the Holder, It

Question 15

Question 15

Multiple Choice

When a bank collects a note for the holder, it notifies the holder on a form called a


A) debit advice.
B) proceed report.
C) collection report.
D) credit advice.

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