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Brief Exercise 13-2 Larkspur Company borrowed $27,600 on November 1, 2017, by signing a $27,600, 9%, 3-month note. Prepare Larkspurs November 1, 2017, entry; the
Brief Exercise 13-2
Larkspur Company borrowed $27,600 on November 1, 2017, by signing a $27,600, 9%, 3-month note. Prepare Larkspurs November 1, 2017, entry; the December 31, 2017, annual adjusting entry; and the February 1, 2018, entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation Debit Credit
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