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On 2 October 2014, Allen Jewellery Company Accepted a 4-

Question 42

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On 2 October 2014, Allen Jewellery Company accepted a 4- month, 10% bill for $2 400 in settlement of an overdue account receivable. What is the journal entry to record the acceptance of the bill?


A) On 2 October 2014, Allen Jewellery Company accepted a 4- month, 10% bill for $2 400 in settlement of an overdue account receivable. What is the journal entry to record the acceptance of the bill? A) B) C) D)
B) On 2 October 2014, Allen Jewellery Company accepted a 4- month, 10% bill for $2 400 in settlement of an overdue account receivable. What is the journal entry to record the acceptance of the bill? A) B) C) D)
C) On 2 October 2014, Allen Jewellery Company accepted a 4- month, 10% bill for $2 400 in settlement of an overdue account receivable. What is the journal entry to record the acceptance of the bill? A) B) C) D)
D) On 2 October 2014, Allen Jewellery Company accepted a 4- month, 10% bill for $2 400 in settlement of an overdue account receivable. What is the journal entry to record the acceptance of the bill? A) B) C) D)

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