Dry Corporation cannot pay off its account with Bone Corporation on a timely basis. Bone Corporation issues a $2,000, 3-month, 12% promissory note to Dry Corporation in settlement of an open accounts receivable.
What entry will Bone Corporation make upon issuance? 
Definitions:
Probability Model
A mathematical representation that outlines the likelihood of various outcomes in a random experiment.
Probability Model
A mathematical representation of a random process, describing the possible outcomes and their associated probabilities.
Random Variable X
A variable representing the numerical results that can occur from a random event.
Soccer Team
A group of players forming one side in a competitive game of soccer.
Q6: A company reported a gross profit percentage
Q18: On average, 5% of total accounts receivable
Q38: If an uncollectible account, previously written off,
Q47: Refer to Figure 12-5. In the free-market
Q49: Perpetual inventory systems often use technology such
Q63: Refer to Figure 10-2. The price elasticity
Q76: Which of the following accurately describes how
Q82: In each accounting period, a manager can
Q95: A company had total assets of $400,000.
Q113: What is the necessary journal entry to