Question: Which is the adjustment Max Company would prepare when the bank collects a $200 note receivable from one of Max's customers? Increase Cash and decrease

Which is the adjustment Max Company would prepare when the bank

Which is the adjustment Max Company would prepare when the bank collects a $200 note receivable from one of Max's customers? Increase Cash and decrease Notes Receivable Increase Cash and increase Sales Revenue Decrease Accounts Payable and decrease Notes Receivable Decrease Cash and increase Notes Receivable

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