[Answer] Which of the following would be included in the entry by the payee to record a dishonored note receivable?A.a debit to Interest RevenueB.a credit to Interest ExpenseC.a debit to Accounts ReceivableD.a debit to Notes Receivable
Answer: debit A/R
Which of the following would be included in the entry by the payee to record a dishonored note receivable?A.a debit…