=+Oct. 3. Issued a 30-day, 9% note for $42,000 to Oatley Co., on account. 23. Paid Houston

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=+Oct. 3. Issued a 30-day, 9% note for $42,000 to Oatley Co., on account.

23. Paid Houston Manufacturing Co. the amount due on the note of April 26.

Nov. 2. Paid Oatley Co. the amount owed on the note of October 3.

10. Purchased store equipment from Biden Technology Co. for $200,000, paying $60,000 and issuing a series of seven 9% notes for $20,000 each, coming due at 30-day intervals.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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