Assume that on December 1, a $3,000, 90-day, 10 percent note receivable was received from a customer as an extension of his of past - due account. The entry that would be made to record the note is:

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The Answer of Assume that on December 1, a $3,000, 90-day, 10 percent note receivable was received from a customer as an extension of his of past - due account. The entry that would be made to record the note is:

Assume That on December 1, a $3,000, 90-Day, 10 Percent