A business issued a 60-day, 5% note for $9,000 to a creditor on account. Journalize the entries

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A business issued a 60-day, 5% note for $9,000 to a creditor on account. Journalize the entries to record

(a) The issuance of the note

(b) The payment of the note at maturity, including interest.

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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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Question Posted: Nov 08, 2012 04:33 AM

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A business issued a 60-day, 5% note for $9,000 to a creditor on account. Journalize the entries

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a Accounts Payable 9000 Notes ...View the full answer

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