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On September 1, 2017, GHI Ltd. (GHI) issued a 6-month 6% note payable for $80,000. GHI's accounting year-end is December 31. Note: 6% is annual
On September 1, 2017, GHI Ltd. (GHI) issued a 6-month 6% note payable for $80,000. GHI's accounting year-end is December 31. Note: 6% is annual interest rate. Required: Prepare journal entries on March 1, 2018.
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The ASQ Auditing Handbook
Authors: J. P. Russell
3rd Edition
0873896661, 978-0873896665
