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Need help please Week: 3 Transaction: 5 December 18 Pay a discounted short-term note payable On October 19 of this year Glacier Riders Snowmobile borrowed
Need help please
Week: 3 Transaction: 5 December 18 Pay a discounted short-term note payable On October 19 of this year Glacier Riders Snowmobile borrowed cash by discounting a $11,000.00, 60-day, note payable at 124. The proceeds of $10,780.00 were received and deposited, and interest expense of $220.00 was recorded. Record the payment of the note. Check Number: 42255. Invoice Number: NTPAY. Date Account Numbers and Titles Debit Credit Dec 18 Step by Step Solution
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