The maker of a $6,000, 10%, 120-day note receivable failed to pay the note on the due date of April.

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The maker of a $6,000, 10%, 120-day note receivable failed to pay the note on the due date of April 30. What accounts should be debited and credited by the payee to record the dishonored note receivable?View Solution:
The maker of a 6 000 10 120 day note receivable failed

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