Assume That on December 1,a Note Which Has a Face $\begin{array}{l}\text { Notes receivable } &9,000\\\text { Cash }&&9,000\end{array}$

question 98

Multiple Choice

Assume that on December 1,a note which has a face value of $9,000,bears interest at 9 percent for 120 days,received from a customer as an extension of his of past - due account is dishonored.The entry that would be made to record the dishonor (ignoring interest) is:

• A)
• \(\begin{array}{l}
• \text { Notes receivable } &9,000\\
• \text { Cash }&&9,000
• \end{array}\)
• B)
• \(\begin{array}{l}
• \text { Accounts receivable }&9,000 \\
• \text { Cash }&&9,000
• \end{array}\)
• C)
• \(\begin{array}{cc}
• \text { Accounts receivable } & 9,000 \\
• \text { Notes receivable } &&9,000
• \end{array}\)
• D)
• \(\begin{array}{llr}
• \text { Cash} &9,000\\
• \text { Accounts Receivable } &&9,000\\
• \end{array}\)

---

Definitions:

Scheme For Infants

A plan or strategy in developmental psychology that refers to how infants organize their physical activities and routines.

Piaget

Swiss psychologist known for his theory of cognitive development, emphasizing how children develop intellectual abilities.

Grab

The act of quickly taking hold of something or someone with the hand.

Cognitive-Developmental Theory

The stage theory that holds that the child’s abilities to mentally represent the world and solve problems unfold as a result of the interaction of experience and the maturation of neurological structures.