Northend Bank & Trust Company lent $130,000 to Sylvia Peters on a six-month, 9% note. Record the

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Northend Bank & Trust Company lent $130,000 to Sylvia Peters on a six-month, 9% note. Record the following for bank (explanations are not required):
a. Lending the money on May 6.
b. Collecting the principal and interest at maturity. Specify the date.

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Financial accounting

ISBN: 978-0136108863

8th Edition

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

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