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On August 1 , Charlotte's Cookies signed a $ 1 0 0 , 0 0 0 , 1 0 0 - day, 1 0 %
On August Charlotte's Cookies signed a $day, note payable to cover a past due account payable. Charlotte's yearend is September
Show your calculations for credit.
Prepare Charlotte's journal entry to record the issuance of the note payable on August
Prepare Charlotte's adjusting journal entry at the end of the year, September
Prepare Charlotte's journal entry to record the payment of the note on November of the following year.
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