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ASSIGNMENT Problem 8 November 1, 2004 Heath Heather Company agreed to convert our Accounts Payable to a Note Payable. The note e terms of 90

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ASSIGNMENT Problem 8 November 1, 2004 Heath Heather Company agreed to convert our Accounts Payable to a Note Payable. The note e terms of 90 days. $20,000 fise value os interest d to convert our Accounts On what date will the note mature? Prepare an entry to record our company Date in the note to Heather Company on November 1.2024 PR Debit Credit Account Prepare an entry to record the adjusting entry to record the accrual of interest on December 31, 2024 Account PR Debit Credit Date Prepare an entry to record the payment of the note on Date Account PR Debit Credit ASSIGNMENT Problem 8 November 1, 2004 Heath Heather Company agreed to convert our Accounts Payable to a Note Payable. The note e terms of 90 days. $20,000 fise value os interest d to convert our Accounts On what date will the note mature? Prepare an entry to record our company Date in the note to Heather Company on November 1.2024 PR Debit Credit Account Prepare an entry to record the adjusting entry to record the accrual of interest on December 31, 2024 Account PR Debit Credit Date Prepare an entry to record the payment of the note on Date Account PR Debit Credit

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