Max Co. discounts its own note at a bank. This $58,000 note results in the bank deducting

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Max Co. discounts its own note at a bank. This $58,000 note results in the bank deducting $390 interest in advance. Draw a transactional analysis box for this situation.

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Question Posted: Apr 24, 2014 10:24 AM

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Max Co. discounts its own note at a bank. This $58,000 note results in the bank deducting

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