asked 183k views
2 votes
If the maker of a note does not pay at maturity, ________. Group of answer choices the debtor no longer owes the payee interest revenue cannot be accrued on the note the note is no longer in force because it has expired the principal is recorded as a debit to the Accounts Receivable account

asked
User Nagendra
by
8.2k points

1 Answer

5 votes

Answer:

recorded as a debit to the Accounts Receivable account

Step-by-step explanation:

answered
User Elizabeth
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories