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Journalize the following, assuming a 360-day year is used for interest calculations: Apr. 30 Issued a $336,000, 60-day, 7% note dated April 30 to
Journalize the following, assuming a 360-day year is used for interest calculations: Apr. 30 Issued a $336,000, 60-day, 7% note dated April 30 to Misner Co. on account. June 30 Paid Misner Co. the amount owed on the note dated April 30. If an amount box does not require an entry, leave it blank or enter 0. When required, round your answers to the nearest dollar. Apr. 30 June 30
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
6th edition
0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237
