On June 6, Southside Bank & Trust lent $90,000 to Samantha Michael on a 60-day, 6% note.
Question:
6% note.
Requirements
1. Journalize for Southside the lending of the money on June 6.
2. Journalize the collection of the principal and interest at maturity. Specify the date.
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Requirement 1 Date Accounts and Explanation Debit Credit June 6 N...View the full answer
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Related Book For 
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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