Question
On September 15, 2021, Oliver's Mortuary received a $6,000 , nine-month note bearing interest at an annual rate of 10% from the estate of Jay
On September 15, 2021, Oliver's Mortuary received a
$6,000, nine-month note bearing interest at an annual rate of
10%from the estate of Jay Hendrix for services rendered. Oliver's has a December 31 year-end. What adjusting entry will the company record on December 31, 2021?
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Risk Sharing Finance
Authors: Bakkali Mirakhor, Saad Abbas
1st Edition
3110590468, 978-3110590463
