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note Premium Office Equipment, Inc., discounted its own $30,000, noninterest-bearing, 180- day note on November 16, 2018, at Niagara County Bank at a discount rate

note Premium Office Equipment, Inc., discounted its own $30,000, noninterest-bearing, 180- day note on November 16, 2018, at Niagara County Bank at a discount rate of 9%. Pre- pare dated journal entries for: a. The original discounting on November 16 b. The adjustment required at the end of the company's calendar-year accounting period c. Payment at maturity ms

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