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help please Assume following: P Company accepted a two-month, 12% note dated 1 August 2022 to settle an open account of accounts receivable Bah 100,000
help please
Assume following: P Company accepted a two-month, 12\% note dated 1 August 2022 to settle an open account of accounts receivable Bah 100,000 from its customer, R Company. On 1 October 2022, P Company received cash Baht 103,000 from R Company. Question: Prepare journal entries for the above transactions Step by Step Solution
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