Question
Problem 9-97A (Algorithmic) Entries for and Financial Statement Presentation of a Note Perez Company borrowed $51,000 from the First National Bank on April 1, 2013,
Problem 9-97A (Algorithmic) Entries for and Financial Statement Presentation of a Note
Perez Company borrowed $51,000 from the First National Bank on April 1, 2013, on a 3-year, 8.7% note. Interest is paid annually on April 1.
If required, round amounts to the nearest dollar.
Required
Record the borrowing transaction in Perez
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Expert Systems In Auditing
Authors: J C Van Dijk, Paul Williams, Michael P. Cangemi
1st Edition
1349124761, 978-1349124763
