Multiple Choice
Dry Corporation cannot pay off its account with Bone Corporation on a timely basis. Bone Corporation issues a $2,000, 3-month, 12% promissory note to Dry Corporation in settlement of an open accounts receivable.
What entry will Bone Corporation make upon issuance? 
A) Option A
B) Option B
C) Option C
D) Option D
Correct Answer:
Verified
Correct Answer:
Verified
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