On August 1, 2016, the Castillo Company purchased a truck (delivery equipment) for $48,500, signing a 90-day,

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On August 1, 2016, the Castillo Company purchased a truck (delivery equipment) for $48,500, signing a 90-day, 8 percent note for the entire purchase price. Give the entry in general journal form to record this transaction.

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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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Question Posted: Dec 05, 2016 10:32 AM

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On August 1, 2016, the Castillo Company purchased a truck (delivery equipment) for $48,500, signing a 90-day,

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GENERAL JOURNAL PAGE DATE DESCRIPTION P...View the full answer

College Accounting Chapters 1-30

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