Entries for notes payable Obj. 1 A business issued a 120-day, 5% note for $60,000 to a
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Entries for notes payable Obj. 1 A business issued a 120-day, 5% note for $60,000 to a creditor on account. Journalize the entries to record
(a) the issuance of the note and
(b) the payment of the note at maturity, including interest.
AppendixLO1
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Related Book For 
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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