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On December 31, 2019, the Notes Payable account at Vanessa's Boutique Shop had a balance of funds borrowed on a six-month, 9 percent note from
On December 31, 2019, the Notes Payable account at Vanessa's Boutique Shop had a balance of funds borrowed on a six-month, 9 percent note from the firm's bank on December 1 $55,600. This amount represented Record the journal entry for interest expense on this note that should be recorded on the firm's worksheet for December 31, 2019 the year ended Journal entry worksheet Record the adjustment for interest. Note: Enter debits before credits Dec 31, 2019 Record entry Clear entry View general journal 386 4 5 6 8 9 0
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