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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…
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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…
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Feb 17, 2021
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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Group of answer choices the debtor no longer owes the payee interest revenue cannot be accrued on the note the note is no longer in force because it has expired the principal is recorded as a debit to the Accounts Receivable account
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Answer:
recorded as a debit to the Accounts Receivable account
Step-by-step explanation:
Elizabeth
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Feb 24, 2021
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