The note receivable dishonored in Question 14 is paid on May 30 by the maker, plus interest

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The note receivable dishonored in Question 14 is paid on May 30 by the maker, plus interest for 30 days, 9%. What entry should be made to record the receipt of the payment?

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: May 29, 2012 08:41 AM

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The note receivable dishonored in Question 14 is paid on May 30 by the maker, plus interest

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