Part 2. Complete the following exercises.

a.Bellezas del Mar purchased inventory from a large supplier.The supplier offered him a credit term of 3/10, n / 30.Indicate if this debt is an example of an account payable, long-term or short-term debt.

b.Adopciones y Ms drew on 8 annual notes amounting to $ 250,000 to be paid when the office it is building is completed.The company intends to pay $ 75,000 next year.What is considered that portion?

c.Pet Supply Co. issued a 65-day 7% note for $ 110,000 to Pets Co. Performs the journal entry of the note and the entry of the note payment with interest.

d.Librera Especial issued an 80-day note at 11% for $ 2,000 in arrears.Make the salary entries of the note and the entry with the accumulated interest.