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%) 58-4 (similar to) Question Help On May 1, 2019, George Company purchased inventory costing $93,000 by signing a 10%, nine-month, short-term note payable. George
%) 58-4 (similar to) Question Help On May 1, 2019, George Company purchased inventory costing $93,000 by signing a 10%, nine-month, short-term note payable. George will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on November 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (b) Journalize the company's accrual of interest on the note payable on November 31, 2019. Jourr Entry Date Accounts Debit Credit 2019 Nov 31 Interest Expense Interest Payable Choose from any list or enter any number in the input fields and then click Check Answer. ? All parts showing Clear All Final Check
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