Question: Select all that apply On November 1, Alice Co. accepted a 90-day, 6%, $2,000 note due January 30. On December 31, the appropriate adjusting entry
Select all that apply On November 1, Alice Co. accepted a 90-day, 6%, $2,000 note due January 30. On December 31, the appropriate adjusting entry was made. On January 30 of the next year, the note was honored and paid in full. The entry to record receipt of payment on January 30 would include a credit to: (Check all that apply.) Interest Revenue for $10. Interest Revenue for $20. Notes Receivable for $2,000 Interest Receivable for $20. Interest Revenue for $30. Cash for $2,030
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