Business, 22.02.2020 03:30 kiki4832

On Nov. 1, Eli Co. received a $6,000, 60-day, 6% note from a customer as payment on his $6,000 account. Eli’s journal entry to record this transaction on Nov. 1, would include a:

Debit notes receivable for $6,000, credit accounts receivable for $6,000

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On Nov. 1, Eli Co. received a $6,000, 60-day, 6% note from a customer as payment on his $6,000 accou...