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Enter your search term On September 1, 2021. Allied Moving Corp. borrows $120,000 cash from First National Bank Alled signs a six-month, 7% note payable
Enter your search term On September 1, 2021. Allied Moving Corp. borrows $120,000 cash from First National Bank Alled signs a six-month, 7% note payable Interest is payable at maturity Allied's year-end is December 31, 1., 2. & 3. Record the following transactions for the note payable by Alled Moving Corp. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to nearest dollar amount.) 150 View transaction list Journal entry worksheet 3 1 Record the issuance of notes payable. Note: Enter debits before credits General Journal Debit Credit Date Sep 01, 2021 Record entry Clear entry View general journal
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