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Please make the journal entries for the following transactions of Dash Company. November 1, 2016; Dash Company borrowed TL 60.000 for short term financing of
Please make the journal entries for the following transactions of Dash Company. November 1, 2016; Dash Company borrowed TL 60.000 for short term financing of operations and issued a note maturing in 6 months with an interest rate of 10%. December 31, 2016; Recorded an adjusting entry to accrue interest on the note. May 1, 2017; Dash Company paid the note including the interest.
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