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Wildhorse Corporation borrowed $59000 on October 1,2025 , by signing a $61450, 3-month, zerointerest-bearing note payable. The journal entry to record the issuance of the
Wildhorse Corporation borrowed $59000 on October 1,2025 , by signing a $61450, 3-month, zerointerest-bearing note payable. The journal entry to record the issuance of the note will include a credit to Cash for $61450. a credit to Notes Payable for $59000. a debit to Discount on Notes Payable for $2450. a debit to Interest Expense for $2450
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