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mine says notes PAYABLE not receivable... how do i change it? i tried it but i didnt submit it yet On March 1, Terrell &
mine says notes PAYABLE not receivable... how do i change it? i tried it but i didnt submit it yet
On March 1, Terrell \& Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total \$9,500. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell \& Associates on September 1. Required: For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1 . (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the payment of note payable and interest. Nate: Enter debits before credis Step by Step Solution
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