Question
Consider the following transactions that occurred for My Tunes Music Company during 2018 and 2019, and answer the questions below: i (Click the icon
Consider the following transactions that occurred for My Tunes Music Company during 2018 and 2019, and answer the questions below: i (Click the icon to view the transactions.) Requirement 1. Record the transactions in My Tunes' journal. Explanations are not required. Mar 3: Purchased a piano (inventory) for $75,000, signing a six-month, 10% note payable. (Record debits first, then credits. Exclude expla Journal Entry Mar Date 2018 3 Accounts May 31: Borrowed $90,000 on an 8% one-year note payable. Date 2018 May 31 Journal Entry Accounts Sep 3: Paid the six-month, 10% note at maturity. Date Sep 2018 3 Debit Credit Debit Credit Journal Entry Accounts Debit Credit
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