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Day Corp Receives a $9,000, 8-Month, 6% Note from Night

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Day Corp receives a $9,000, 8-month, 6% note from Night Corp in settlement of a past due account receivable. What entry will Day Corp make upon receiving the note? Day Corp receives a $9,000, 8-month, 6% note from Night Corp in settlement of a past due account receivable. What entry will Day Corp make upon receiving the note?

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