Question
this is my second time posting this question as the person who answered it last didn't mention anything about cash, notes payable, account Receivable or
this is my second time posting this question as the person who answered it last didn't mention anything about cash, notes payable, account Receivable or anything like Can you please answer like that as it can only accept certain words
On June 1, Blossom Company Ltd. borrows $60,000 from Acme Bank on a 6-month, $60,000,4% note. The note matures on December 1 Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not Indent manually) Date Account Titles and Explanation June 1 Debit Credit List of Accounts Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit June 30 Interest Expense Interest Expense Interest Payable List of Accounts 200 200
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