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10 (1 point) West Coast Outdoor Co. signed a $8,000, 90-day, 4% interest-bearing note payable at the bank in exchange for cash. Which of the
10 (1 point) West Coast Outdoor Co. signed a $8,000, 90-day, 4% interest-bearing note payable at the bank in exchange for cash. Which of the following journal entries should West Coast Outdoor Co. use to record the note? Notes Payable 8,000 Cash 8,079 Interest Expense 79 b Cash 8,079 Interest Expenses 79 Notes Payable 8,000
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Cima Learning System Management Accounting Performance Evaluation Edition
Authors: Robert Scarlett
4th Edition
0750684305, 978-0750684309
