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On November 1, Carribean Excursions borrows $2.4 million and issues a six-month, 6% note payable. Interest is payable at maturity How would the issuance of
On November 1, Carribean Excursions borrows $2.4 million and issues a six-month, 6% note payable. Interest is payable at maturity How would the issuance of the note on November 1 and the recognition of interest on December 31 affect the financial statements? How would the issuance of the note on November 1 affect the financial statements? How would the recognition of the interest on December 31 affect the financial statements? If you could pls show what transactions are made for both dates on the balance sheets and income statements that would be appreciated. Thanks! 
On November 1. Cambean Excursions borrows $2.4 million and issues a six-month, Gx note payable. Interest is payable st maturity. How would the issushce of the nobe on November 1 and the recopvition of interest on Decemoer 3t alfect the financial statements? Complete this question by entering reur answers in the tabs below: Now would the issuance of the note on November 1 affed the financial satements? Cemplete this equestian by entering yes anwwers in the tubs belaw
On November 1, Carribean Excursions borrows $2.4 million and issues a six-month, 6% note payable. Interest is payable at maturity
How would the issuance of the note on November 1 and the recognition of interest on December 31 affect the financial statements?
How would the issuance of the note on November 1 affect the financial statements?
How would the recognition of the interest on December 31 affect the financial statements?
If you could pls show what transactions are made for both dates on the balance sheets and income statements that would be appreciated. Thanks!
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