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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 8: Reporting and Analyzing Receivables
  5. Question
    A Note Receivable Is Honoured When
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A Note Receivable Is Honoured When

Question 19

Question 19

Multiple Choice

A note receivable is honoured when


A) it is written to settle an account.
B) it is recorded at face value.
C) the interest is accrued.
D) it is paid in full on time.

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