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Assume Nutricare company issued a 120-day,9% note for $1000 dated August 1,20Y7, to Bowden company for a $1000 overdue account. Journalize entries for: a. Issuance
Assume Nutricare company issued a 120-day,9% note for $1000 dated August 1,20Y7, to Bowden company for a $1000 overdue account.
Journalize entries for:
a. Issuance of the note
b. Payment of note at maturity
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