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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 7: Reporting and Analyzing Receivables
  5. Question
    A Company Received a $1,000,90-Day,10% Note Receivable
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A Company Received a $1,000,90-Day,10% Note Receivable

Question 31

Question 31

True/False

A company received a $1,000,90-day,10% note receivable.The journal entry to record receipt of the note would include a debit to Notes Receivable.

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