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3. EX.10-04.ALGO (Algorithmic) Entries for Notes Payable te note and Ob) the payment of the note matuny, andd-terest Abusiness issued a 120-day, 10% note for
3. EX.10-04.ALGO (Algorithmic) Entries for Notes Payable te note and Ob) the payment of the note matuny, andd-terest Abusiness issued a 120-day, 10% note for S96,000 to a creditor on account. Journakze the entries to record (a) the issuance of Assume a 360-day year. If an amount box does not require an entry, leave it blank
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