Question
A MONTH NOTE PAYABLE ADJ Use the dropdown to choose your accounts. GENERAL JOURNAL DEBIT CREDIT Date Transaction Choose: 1/1/2017 Carter Corporation issued 100,000 shares
A MONTH NOTE PAYABLE ADJ Use the dropdown to choose your accounts. GENERAL JOURNAL DEBIT CREDIT Date Transaction Choose: 1/1/2017 Carter Corporation issued 100,000 shares of $1.00 par common Choose: stock for $1.00 per share. Choose: 11/1/2017 Carter Corporation borrowed $40,000 with interest at Choose: 6 percent for 3 months. Choose: 12/31/2017 Carter accrued interest for the end-of-year financial Choose: statements. Use the account INTEREST EXPENSE 2017. Choose: 2/1/2018 Carter Corporation paid off the note plus interest. Choose: Use the account INTEREST EXPENSE 2018 for 2018 interest. Choose: Choose: TRIAL BALANCE DEBIT CREDIT CASH NOTES PAYABLE INTEREST PAYABLE INTEREST EXPENSE 2017 INTEREST EXPENSE 2018 COMMON STOCK TOTALS 0 0 IN BALANCe
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