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Business, 24.04.2020 18:20 marquion

Cart Corporation accepted a note receivable from a credit customer who failed to pay their $2,000 Accounts Receivable balance. The customer signed a promissory note which was accepted for 45 days at 5% interest. At the end of 45 days, the customer pays the balance on Notes Payable and interest. What is the journal entry to record the acceptance of the notes receivable?

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