Question
Jax Recording Studio purchased $7.800 in electronic components from Music World. ja sgned a 60-day. B promissory note for $7.000. Music World's journal entry
Jax Recording Studio purchased $7.800 in electronic components from Music World. ja sgned a 60-day. B promissory note for $7.000. Music World's journal entry to record the sales transaction OA Debit Accounts Receivable S7.000: credit Sales $7.N00 OR Debit Accounts Recelvable $7.904: credit Sales $7.904 OC Debit Notes Receivabie $7.00 credit Sales $7.00 0.Debit Notes Recelvable $7.004 credin Sales 57.004 GE Debit Notes Receivable S7.800 debit interest Receivable $104 credit Sales $7.04
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
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