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Consider the following note payable transactions of Cabino Video Productions. Journalize the transactions for the company. (Record debits first, then credits. Select the explanation on
Consider the following note payable transactions of
Cabino Video Productions.
Journalize the transactions for the company. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
Apr. 1, 2017:
Purchased equipment costing
$18,000 by issuing a one-year, 3% note payable.
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Apr. 1 |
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