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A firm purchased equipment for $82,000 paying $22,000 cash and issued a 5%, 60-day note for the remaining balance. The journal entry to record the
A firm purchased equipment for $82,000 paying $22,000 cash and issued a 5%, 60-day note for the remaining balance. The journal entry to record the payment of the note at maturity is?
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
