A business issued a 45-day, 6% note for $80,000 to a creditor on account. Journalize the entries

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A business issued a 45-day, 6% note for $80,000 to a creditor on account. Journalize the entries to record

(a) The issuance of the note and

(b) The payment of the note at maturity, including interest.

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Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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Question Posted: May 07, 2012 06:23 AM

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A business issued a 45-day, 6% note for $80,000 to a creditor on account. Journalize the entries

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Financial Accounting

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