Al Ahlya Company wrote a RO2,500, three-months, 8% promissory note dated August 1, to remove credit sales to Jelfar Company. What journal entry would Jelfar Company makes when receiving the note from...


Al Ahlya Company wrote a<br>RO2,500, three-months, 8%<br>promissory note dated August 1, to<br>remove credit sales to Jelfar<br>Company. What journal entry<br>would Jelfar Company makes when<br>receiving the note from Al Ahlya.<br>Select one:<br>a.<br>Account Receivable<br>2500<br>Note<br>Receivable<br>2500<br>b.<br>Note receivable<br>2500<br>Account<br>Receivable<br>2500<br>Oc.<br>Account Receivable<br>200<br>Note<br>Receivable<br>200<br>O d.<br>Note Receivable<br>200<br>Account<br>Receivable<br>200<br>

Extracted text: Al Ahlya Company wrote a RO2,500, three-months, 8% promissory note dated August 1, to remove credit sales to Jelfar Company. What journal entry would Jelfar Company makes when receiving the note from Al Ahlya. Select one: a. Account Receivable 2500 Note Receivable 2500 b. Note receivable 2500 Account Receivable 2500 Oc. Account Receivable 200 Note Receivable 200 O d. Note Receivable 200 Account Receivable 200

Jun 02, 2022
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