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On January 1, 2020, Conway, Inc. borrowed $220,000 by signing a nine-month, 10% note payable. Prepare the journal entry on October 1, 2020, the
On January 1, 2020, Conway, Inc. borrowed $220,000 by signing a nine-month, 10% note payable. Prepare the journal entry on October 1, 2020, the date the note was paid.
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Financial Accounting
Authors: David Spiceland, Wayne Thomas, Don Herrmann
4th edition
1259307956, 978-1259307959
