Question
Teller purchased merchandise from TechCom on October 17 of the current year and TechCom accepted Teller's $11,200, 90-day, 9% note. What entry should TechCom make
Teller purchased merchandise from TechCom on October 17 of the current year and TechCom accepted Teller's $11,200, 90-day, 9% note. What entry should TechCom make on January 15 of the next year when the note is paid? (Use 360 days a year.)
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Introduction To Accounting
Authors: Peter Scott
2nd Edition
0198849966, 978-0198849964
