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On November 1 , 2 0 2 5 , Sandhill Company borrowed $ 2 3 9 0 0 from the High Country Bank, signing a
On November Sandhill Company borrowed $ from the High Country Bank, signing a day note. The November journal entry to record this transaction will include
a debit to Cash for $
a debit to Discount on Notes Payable for $
a debit to Interest Expense for $
a credit to Notes Payable for $
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Frank Woods Business Accounting Volume 1
Authors: Alan Sangster Lewis Gordon Frank Wood
14th Edition
1292208627, 9781292208626
