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Plz help!! I'll Upvote:))) Bueno Foods completed the following selected transactions. (Click here to see the transactions.) Read the requirements. explanations from any journal entries.)
Plz help!! I'll Upvote:)))
Bueno Foods completed the following selected transactions. (Click here to see the transactions.) Read the requirements. explanations from any journal entries.) Oct 31: Sold goods to Bragg Market, receiving a $40,000, three-month, 4.5% note. (You do not need to make the cost of goods sold journal entry for this transaction.) Requirements 1. Record the transactions in Bueno Foods' journal. Assume that no sales returns are expected. Round all amounts to the nearest dollar. Explanations are not required. 2. Show what Bueno Foods will report on its comparative classified balance sheet at December 31, 2022, and December 31, 2021, for Notes Receivable and Interest Receivable. More infoStep by Step Solution
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