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Business, 18.02.2020 22:02 daniellekennedy05

On its bank reconciliation for the month of December, Pack Corp. noted its bank collected on a note receivable due from one of Pack's customers. A total of $550 was collected out of which $500 represented principal and $50 represented interest. Question: In Pack Corp.'s month-end journal entry to record this reconciling item, which of the following is (are) true? (check all that apply) Select one or more: a. The 'Interest Revenue" account should be credited for $50.b. The "Note Recevable" account should be credited for S550.c. The "Interest Revenue" account should be debited for $50.d. The "Note Receivable account should be debited for $500. e. The "Note Receivable" account should be credited for $500 .f. The 'Note Receivable' account should be debited for $550

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