A business issued a 45-day, 6% note for $210,000 to a creditor on account. Journalize the entries

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A business issued a 45-day, 6% note for $210,000 to a creditor on account. Journalize the entries to record
(a) The issuance of the note and
(b) The payment of the note at maturity, including interest.

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Financial Accounting

ISBN: 978-1305088436

14th edition

Authors: Carl S. Warren, Jim Reeve, Jonathan Duchac

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Question Posted: Dec 19, 2016 10:57 AM

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A business issued a 45-day, 6% note for $210,000 to a creditor on account. Journalize the entries

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Financial Accounting

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