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What is the journal entry to record the dishonored note

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Problem - Valley Spa purchased $10,100 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 12% promissory note for $10,100. If the note is dishonored, but Tubman intends to continue collection efforts, what is the journal entry to record the dishonored note?

Reference no: EM133028795

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