A business issued a 120-day, 5% note for $90,000 to a creditor on account. Journalize the entries
Question:
(a) The issuance of the note and
(b) The payment of the note at maturity, including interest?
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Step by Step Answer:
a Accounts Payable 90000 Notes ...View the full answer
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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