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Journalize the following, assuming a 360-day year is used for interest calculations: Apr. 30 Issued a $294,000, 60-day, 7% note dated April 30 to Misner
Journalize the following, assuming a 360-day year is used for interest calculations: Apr. 30 Issued a $294,000, 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. When required, round your answers to the nearest dollar. Apr. 30 June 30
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-1111879044
