The journal entry to record a note received from a customer to replace an account is A.
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Question:
A. debit Notes Receivable credit Accounts Receivable
B. debit Accounts Receivable credit Notes Receivable
C. debit Cash credit Notes Receivable
D. debit Notes Receivable credit Notes Payable
Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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