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Sage Hill Enterprises borrows $ 4 9 , 2 0 0 from Oriole Company on July 1 , 2 0 2 4 , signing a
Sage Hill Enterprises borrows $ from Oriole Company on July signing a oneyear note payable. Interest is to be
paid at maturity.
a
Prepare the journal entry for Sage Hill Enterprises to record the receipt of the proceeds of the note. Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles
and enter for the amounts. List debit entry before credit entry.
Date
Account Titles
Debit
Credit
July
List of Accounts
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