is b correct? Final Examination ACCT101 jan. 2018 7. What entry should be...
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Accounting
is b correct?
Final Examination ACCT101 jan. 2018 7. What entry should be recorded to recognize the receipt of a note from a customer in granting a customer a time extension on a past-due account receivable? a. Debit Notes Receivable; credit Sales. Debit Accounts Receivable; credit Notes Receivable. c. Debit Notes Receivable; credit Accounts Receivable. d. Debit Notes Receivable; credit Allowance for Doubtful Accounts
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