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  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 7: Receivables and Investments
  5. Question
    The Maker of a Note Recognizes a Note Receivable on the Balance
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The Maker of a Note Recognizes a Note Receivable on the Balance

Question 19

Question 19

True/False

The maker of a note recognizes a note receivable on the balance sheet and interest revenue on its income statement.

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