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Coppertield and Company issued a 90 -day, 5,00% note for $190,000 to a ereditot on acocunt. The previous clerk eetered the following joumal arties to
Coppertield and Company issued a 90 -day, 5,00% note for $190,000 to a ereditot on acocunt. The previous clerk eetered the following joumal arties to record the note on Juy. 10, and the payment of the note at maturity Yod notice that the puenel entry for recording the note on Juy 10 is correct, but the entry for the payment of the nole at maturty (including inserest) did not have a dale and was not oorrest. Woumalise the payment of the note at matiorty as it shocld hurve been foumalmed Dont forget to inclucle the date. Assume a seodiry year: You notice that the journal entry foc recording the note on July 10 is correct, but the entry for the payment of the note at maturity (including inlerest) did not have a date and was not correct. Joumalize the payment of the note at maturity as it should have been joumatzed Dant fovgot to include the date. Assume a jeo-day year
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