Included in Carville Corp.'s December 31, 2017 trial balance is a note payable of $20,000. The note
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Included in Carville Corp.'s December 31, 2017 trial balance is a note payable of $20,000. The note is an eight-month, 12% note dated October 1, 2017. Prepare Carville's December 31, 2017 adjusting entry to record the accrued interest, and June 1, 2018 journal entry to record payment of principal and interest due to the lender.
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I obtained my Bachelor degree in Chemistry(Honours) from The University of Burdwan , West Bengal, India and Masters from Vidyasagar University, West Bengal, India. I am a Teacher Of chemistry subject since 2008. I like to solve the various problems in chemistry. Thank you.
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Related Book For 
Intermediate Accounting
ISBN: 978-1119048534
11th Canadian edition Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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