Question: true or false 1.when recording a notes REC or noted payble, the amount on the face of the promisory note is always used for the

true or false

1.when recording a notes REC or noted payble, the amount on the face of the promisory note is always used for the related recivable or payable in account records

2.the process of using accounts receivable as a securtiy for a loan is know. as pledging accounts receivable

3. the special purpose sales journal is used to record all credit or cash sales of merchandise inventory

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