The Journal Entry to Record a Note Received from a Customer

question 33

Multiple Choice

The journal entry to record a note received from a customer to replace an account is

• A) debit Notes Receivable; credit Accounts Receivable
• B) debit Accounts Receivable; credit Notes Receivable
• C) debit Cash; credit Notes Receivable
• D) debit Notes Receivable; credit Notes Payable

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Definitions:

Food Production

The process of growing, harvesting, and processing food for consumption.

Mycobacterium Tuberculosis

The bacterium that causes tuberculosis, a serious infectious disease affecting the lungs and potentially other parts of the body.

Respiratory Disease

A term for diseases that affect the lungs and other parts of the respiratory system, potentially leading to breathing problems.

Skin Disease

Any disorder that affects the skin's integrity or function, ranging from temporary, minor irritations to chronic conditions.