Question: SecLI 4) A company received a $10,000, 60-day, 5% Note Receivable from a credit customer. The (4pts) entry to record this note is Debit Cash,

SecLI 4) A company received a $10,000, 60-day, 5%SecLI 4) A company received a $10,000, 60-day, 5%
SecLI 4) A company received a $10,000, 60-day, 5% Note Receivable from a credit customer. The (4pts) entry to record this note is Debit Cash, $10,000; Credit Notes Receivable $10,000 O Debit Notes Receivable $10,000, Credit Cash $10,000 DJ Debit Notes Receivable $10,000; Credit Accounts Receivable $10.000 D Debit Accounts Receivable $10,000; Credit Notes Receivable $10,00014) A company decides to exchange old equipment with book value of $81,000 ($150,000 cost less (4pts) accumulated depreciation of $69,000) for new equipment with a fair market value of $220,000, The company paid $129,000 cash as part of the deal. The entry to record the new equipment would include a Debit to Equipment (new) for $220,000 Credit to Equipment (old) for $150,000 Credit Gain on Disposal, $10,000 All the above

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