Question
Included in Headland Companys December 31 trial balance is a note receivable of $7,200. The note is a 4-month, 10% note dated October 1. Prepare
Included in Headland Companys December 31 trial balance is a note receivable of $7,200. The note is a 4-month, 10% note dated October 1. Prepare Headlands December 31 adjusting entry to record $180 of accrued interest, and the February 1 journal entry to record receipt of $7,440 from the borrower.
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Factory Business System Audit Lean Manufacturing
Authors: Rolf Thorsten
1st Edition
1091908583, 978-1091908581
