Quiz 02.26 – Hughes Aircraft

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Hughes Aircraft sold a four-passenger airplane for $980,000 and received a 12% note receivable. What would be the correct journal entry to record this sale?

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  • Search Terms: $,, % a a: a) aircraft airplane cash. b) credit debit entry for four-passenger hughes include interest journal note notes receivable. receivable. d) receiving record revenue. c) sale sold the this to would
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