Question: Question 16 (2.5 points) Saved Use the following information for the next FIVE questions. Preston Incorporated accepted a $20,000, 6%, 60-day note dated December 1,

 Question 16 (2.5 points) Saved Use the following information for the

Question 16 (2.5 points) Saved Use the following information for the next FIVE questions. Preston Incorporated accepted a $20,000, 6%, 60-day note dated December 1, 2015 from Jill Bach granting an extension on her past-due account receivable. (If necessary, round to the nearest dollar). Question 5 of 5: Preston's entry to record the collection of this note at maturity includes a credit to: O Cash, $20,200. Note Receivable, $20,000. Interest Receivable, $200. Interest Revenue, $200

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