Question
Casey Corp. borrowed $50,000 from Antigua Inc. on January 1 by signing a 9-month $51,500 zero-interest bearing note. Prepare her journal entries for January 1
Casey Corp. borrowed $50,000 from Antigua Inc. on January 1 by signing a 9-month $51,500 zero-interest bearing note. Prepare her journal entries for January 1 and the maturity date. (No entries were made between Jan. 2 and Sept. 30)
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Financial Accounting International Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
6th Edition
978-0470623275
