Business, 05.12.2019 22:31, dragon2998

On january 15, 2010, raymond company received a two-month, 9%, $5,000 note from william pentel for the settlement of his open account. the entry by raymond company on march 15, 2010 if pentel dishonors the note and collection is expected is: a. accounts receivable-w. pentel 5,000notes receivable 5,000b. accounts receivable-w. pentel 4,925interest lost 75notes receivable 5,000c. bad debts expense 5,075notes receivable 5,075d. accounts receivable-w. pentel 5,075notes receivable 5,000interest revenue 75

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On january 15, 2010, raymond company received a two-month, 9%, $5,000 note from william pentel for t...