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Journalize the following, assuming a 360-day year is used for interest computations: Apr. 30 Issued a $540,000, 120-day, 9% note dated April 30 to
Journalize the following, assuming a 360-day year is used for interest computations: Apr. 30 Issued a $540,000, 120-day, 9% note dated April 30 to Misner Co. on account. Aug. 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. Apr. 30 Aug. 30
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
