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Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an open accounts receivable. What entry will Paper Company make upon receiving the note? Group of answer choices Notes ReceivableāDame Company 6,000 Accounts ReceivableāDame Company 6,000 Notes ReceivableāDame Company 6,090 Accounts ReceivableāDame Company 6,090 Notes ReceivableāDame Company 6,000 Interest Revenue 90 Accounts ReceivableāDame Company 6,000 Interest Receivable 90 Notes ReceivableāDame Company 6,090 Accounts ReceivableāDame Company 6,000 Interest Revenue 90
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Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an o...
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