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On May 1, 2019, Tart Company borrowed $18,000 cash from Queen Corporation giving Queen an $18,000, 6%, 10 month note. Tart repaid the note on
On May 1, 2019, Tart Company borrowed $18,000 cash from Queen Corporation giving Queen an $18,000, 6%, 10 month note. Tart repaid the note on March 1, 2020. Tart Company prepares financial statements every SIX MONTHS on June 30 and December 31. In the attached worksheet, give all the required journal entries to record the notes payable transactions for Tart Company for 2019 and 2020.
Exam 3-Workpaper #4 Question 16 GENERAL JOURNAL Date Account Titles DR CR
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