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    Financial Accounting
  4. Exam
    Exam 8: Reporting and Analyzing Receivables
  5. Question
    A Dishonoured Note Receivable
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A Dishonoured Note Receivable

Question 80

Question 80

Multiple Choice

A dishonoured note receivable


A) is paid in full at its maturity date.
B) is no longer a negotiable instrument.
C) can be used in place of a cheque.
D) can only be collected by a bank.

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