When a note is accepted to settle an open account, Note Receivable is debited for the note's
A. net realizable value.
B. maturity value.
C. face value.
D. face value plus interest.
Answer: C
When a note is accepted to settle an open account, Note Receivable is debited for the note's
A. net realizable value.
B. maturity value.
C. face value.
D. face value plus interest.
Answer: C