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Business, 06.09.2019 02:30 daniecott

Paper company receives a $6,000, 3-month, 6% promissory note from dame company in settlement of an open accounts receivable. what entry will paper company make upon receiving the note? a. notes receivable 6,000accounts receivable—dame company 6000 b. notes receivable 6,090accounts receivable—dame company 6090 c. notes receivable 6,090accounts receivable—dame company 6000 interest revenue 90 d. notes receivable 6,000interest revenue 90accounts receivable—dame company 6000interest receivable 90

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Paper company receives a $6,000, 3-month, 6% promissory note from dame company in settlement of an o...
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