On November 1, 2014, Gopher received a $50,000, 6%, 90-day promissory note. Prepare any necessary journal entry

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On November 1, 2014, Gopher received a $50,000, 6%, 90-day promissory note. Prepare any necessary journal entry on December 31, the end of the company’s fiscal year.

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Financial Accounting The Impact on Decision Makers

ISBN: 978-1285182964

9th edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Aug 27, 2018 12:17 PM

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On November 1, 2014, Gopher received a $50,000, 6%, 90-day promissory note. Prepare any necessary journal entry

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Journal 2014 Entry Dec 31 Analysis ASSETS Interest Rec...View the full answer

Financial Accounting The Impact on Decision Makers

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