Prepare entries in general journal form to record the following: May 5 Received a 2-month, 8 percent

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Prepare entries in general journal form to record the following:

May 5 Received a 2-month, 8 percent note from Pam Davis for a $250 per¬

sonal loan.

July 5 Received the total amount due from Davis.

P.O. lb,c journalize entries to loan money with a note and collect the princi¬

pal and interest.

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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Question Posted: Jun 27, 2024 02:16 AM

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Prepare entries in general journal form to record the following: May 5 Received a 2-month, 8 percent

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College Accounting Chapters 1-26

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