On August 1, 2022, Colombo Company's treasurer signed a note promising to pay $122,400 on December 31, 2022 The proceeds of the note were $116,400 c 1 Record the journal entry to show the effects of signing the note and the receipt of the cash proceeds on August 1, 2022 2 Record the journal entry ...

Answer Here are the journal entries for each transaction On August 1 2022 Signing the note and recei ...

On August 1, 2022, Colombo Company's treasurer signed a note promising to pay $122,400 on December...

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On August 1, 2022, Colombo Company's treasurer signed a note promising to pay $122,400 on December...

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Accounting What The Numbers Mean

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