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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.
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.
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Accounting Information Systems
Authors: James A. Hall
8th edition
2901111972140, 1111972141, 978-1111972141
