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Posted on Jul 26, 2024

You loaned your employee $ 1 0 , 0 0 0 at 1 0 % of annual interest rate on November 1 , 2 0

You loaned your employee $

10, 000

10 %

of annual interest rate on November

1, 2019

for three months. The due date for the principal and interest is January

31, 2020 .

Journalize the transaction on November

1, 2019,

December

31, 2019,

and January

31, 2020 .

November

1, 2019

December

31, 2019

January

31, 2020 .

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