Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 7 - Cash and Receivables - Exercises - Page 411: E7-19d

Answer

Cash.............................................................................. 295,000 ……………………….Notes Receivable .......................................... 295,000

Work Step by Step

Debit cash (295,000) and credit notes receivable (295,000)
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