Select all that apply On March 14, lan Co. accepted a 180-day, 5% note...
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Accounting
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On March lan Co accepted a day, note in the amount of $ from Ali Co a customer. On the due date of the note, Ali dishonors the note. The journal entry that lan would record on the due date would include a:
debit to Accounts Receivable Ali for $
debit to Notes Receivable for $
debit to Interest Revenue for $
credit to Notes Receivable for $
credit to Accounts Receivable Ali for $
credit to Interest Revenue for $
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