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Prepare the entr on CPP and EI. QS 10-8 Notes payable LO3 Jackson Textiles had an outstanding account in the amount of $14,800 owing to

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Prepare the entr on CPP and EI. QS 10-8 Notes payable LO3 Jackson Textiles had an outstanding account in the amount of $14,800 owing to Huang Manufacturing. On October 1,2020 . Huang agreed to convert Jackson's account to an 8%,45-day note having a face value of $14,800. Record Jackson's entries on October 1,2020 , and on the due date. OS 10-9 Current note transactions LO3

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