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6 7 points Skipped Exercise 5-16A Record notes payable and interest expense (LO5-7) On March 1, Terrell & Associates provides legal services to Whole
6 7 points Skipped Exercise 5-16A Record notes payable and interest expense (LO5-7) On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $9,700. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell & Associates on September 1. Required: For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) eBook View transaction list Hint Print Journal entry worksheet < 1 2 Record the issuance of the note payable for the legal services received. 10 Referances Note: Enter debits before credits. Date March 01 General Journali Debit Credit Record endry Clear entry View general joumal
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