Refer to the information for Upland Limited in BE13-4. Assume that Upland uses reversing entries. Prepare the

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Refer to the information for Upland Limited in BE13-4. Assume that Upland uses reversing entries. Prepare the 2015 journal entry(ies) for Upland.
In BE13-4
Upland Limited borrowed $40,000 on November 1, 2014, by signing a $40,000, three-month, 9% note.
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Intermediate Accounting

ISBN: 978-1118300855

10th Canadian Edition Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

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