On October 12, 2020, Lily Demore borrows. Money from Casa Bank to purchase inventories. A $10,000, six-month,

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On October 12, 2020, Lily Demore borrows. Money from Casa Bank to purchase inventories. A $10,000, six-month, 6% note payable is issued.

What is the journal entry to record the transaction?

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: Jul 20, 2023 03:50 AM

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On October 12, 2020, Lily Demore borrows. Money from Casa Bank to purchase inventories. A $10,000, six-month,

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Fundamentals of Financial Accounting

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