A business issued a 30-day note for $72,000 to a creditor on account. The note was discounted
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A business issued a 30-day note for $72,000 to a creditor on account. The note was discounted at 7%. Journalize the entries to record
(a) The issuance of the note and
(b) The payment of the note at maturity.
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a Accounts Payable 71580 Inter...View the full answer
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