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MixRecording Studios purchased $7,800 in electronic components from TechCom. MixRecording Studios signed a 60-day, 10% promissory note for $7,800. If the note is dishonored, what is the amount due on the note?

A. $130

B. $7,800

C. $7,930

D. $8,050

E. $8,130

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9431426

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