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The Gaynor Company had the following transactions involving notes payable during 2019. 7 Jan. 15 Purchased office equipment from Corporate Outfitters and issued a 180-

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The Gaynor Company had the following transactions involving notes payable during 2019. 7 Jan. 15 Purchased office equipment from Corporate Outfitters and issued a 180- day, 10 percent note for $21,000. Apr. 10 Borrowed $14,000 at 12 percent from the Guarantee Bank by discounting a 60-day note payable. June 9 Paid the note due Guarantee Bank. July 14 Paid the note due Corporate Outfitters. Prepare the entries in general journal form to record these transactions. (Assume 360 days in a year. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 Purchased office equipment from Corporate Outfitters and issued a 180-day, 10-percent note for $21,000. Note: Enter debits before credits General Journal Debit Credit Date Jan 15, 2010 Record entry Clear entry View general journal The Gaynor Company had the following transactions involving notes payable during 2019. 7 Jan. 15 Purchased office equipment from Corporate Outfitters and issued a 180- day, 10 percent note for $21,000. Apr. 10 Borrowed $14,000 at 12 percent from the Guarantee Bank by discounting a 60-day note payable. June 9 Paid the note due Guarantee Bank. July 14 Paid the note due Corporate Outfilters. Prepare the entries in general Journal form to record these transactions. (Assume 360 days in a year. Do not round Intermediate calculations.) View transaction list Journal entry worksheet 3 4 Borrowed $14,000 at 12 percent from the Guarantee Bank by discounting a 60-day note payable. Note: Enter debits before credits Debit Credit General Journal Date Apr 10, 2019 View general Journal Clear entry Record entry The Gaynor Company had the following transactions involving notes payable during 2019. 7 Jan. 15 Purchased office equipment from Corporate Outfitters and issued a 180- day, 10 percent note for $21,000. Apr. 10 Morroved $14,000 at 12 percent from the Guarantee Bank by discounting a 60-day note payable. June 9 Paid the note due Guarantee Bank. July 14 Paid the note due Corporate Outfitters. Prepare the entries in general Journal form to record these transactions. (Assume 360 days in a year. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 4 Paid the note due Guarantee Bank Note: Enter debits before credits General Journal Debit Credit Date Jun 09 2019 View general Journal Record entry Clear entry The Gaynor Company had the following transactions involving notes payable during 2019. 7 Jan. 15 Purchased office equipment from Corporate Outfitters and issued a 180- day, 10 percent note for $21,000. Apr. 10 Borrowed $14,000 at 12 percent from the Guarantee Bank by discounting a 60-day note payable. June 9 Paid the note due Guarantee Bank. July 14 Paid the note due Corporate Outfitters. Prepare the entries in general Journal form to record these transactions. (Assume 360 days in a year. Do not round Intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 Paid the note due Corporate Outfitters. Note: Enter debits before credits General Journal Debit Credit Date Jul 14, 2019 View general Journal Clear entry Record entry

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