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Homework Chapter 10 eBook Show Me How Entries for Notes Payable A business issued a 60-day, 5% note for $86,000 to a creditor on account.
Homework Chapter 10 eBook Show Me How Entries for Notes Payable A business issued a 60-day, 5% note for $86,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360- day year. If an amount box does not require an entry, leave it blank. If required, round yours answers to whole dollar. Whr rem
Homework Chapter 10 eBook Show Me How Entries for Notes Payable A business issued a 60-day, 5% note for $86,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360- day year. If an amount box does not require an entry, leave it blank. If required, round yours answers to whole dollar.
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