Business
Business, 16.09.2019 15:10, jonlandis6

On july 9, mifflin company receives a $8,500, 90-day, 8% note from customer payton summers as payment on account. what entry should be made on the maturity date assuming the maker pays in full? debit notes receivable $8,500; debit interest receivable $170; credit sales $8,670.debit cash $8,628; credit interest revenue $128; credit notes receivable $8,500.debit cash $8,670; credit interest revenue $170; credit notes receivable $8,500.debit cash $8 500; credit notes receivable $8,500.debit cash $8,613; credit interest revenue $113; credit notes receivable $8,500.

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On july 9, mifflin company receives a $8,500, 90-day, 8% note from customer payton summers as paymen...

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