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Question(s) / Instruction(s):

A $6,092, 30-day, 6% note recorded on November 21 is not paid by the maker at maturity. The journal entry to recognize this event is the one listed below.

a)            debit Cash, $6,122; credit Notes Receivable, $6,122         

b)            debit Accounts Receivable, $6,122; credit Notes Receivable, $6,092; Credit Interest Receivable, $30        

c)            debit Accounts Receivable, $6,122; credit Notes Receivable, $6,092; Credit Interest Revenue, $30            

d)            debit Notes Receivable, $6,122; credit Accounts Receivable, $6,122

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