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Brooks Inc. issued a $220,000, six-month, 6% note to purchase equipment on August 1, 2022. The journal entry to record the purchase is: Cash 220,000
Brooks Inc. issued a $220,000, six-month, 6% note to purchase equipment on August 1, 2022. The journal entry to record the purchase is:
| Cash | 220,000 | |
| Notes payable | 220,000 |
| Equipment | 220,000 | |
| Notes receivable | 220,000 |
| Equipment | 220,000 | |
| Notes payable | 220,000 | |
| Interest payable | 13,200 |
| Equipment | 220,000 | |
| Notes payable | 220,000 |
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Implementing Database Security And Auditing
Authors: Ron Ben Natan
1st Edition
1555583342, 9781555583347
