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On December 1. Watson Enterprises signed a $24.000, 60-day, 4% note payable as replacement of an account payable with Eston Company What is the entry
On December 1. Watson Enterprises signed a $24.000, 60-day, 4% note payable as replacement of an account payable with Eston Company What is the entry that should be recorded by Watson Enterprises upon signing the note? Multiple Choice Debt Notes Payable $24.000, debieterest pente $100; credit accounts Payable $24.000, Debit Accounts Receivable $24,000;credit Notes Rotivo $24.000, Debit Accounts Payable $24.000 credit Notes Payable $24,000 Debit Notes Payable $24.000 debit interest Expense $160, credit Cash $24.960 Debit Accounts Payable $24,160, credit Notes Payable $24,160
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