Refer to the information provided in E3-12 for Aubergine Co. and Chartreuse Company. Chartreuse has a November

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Refer to the information provided in E3-12 for Aubergine Co. and Chartreuse Company. Chartreuse has a November 30 fiscal year end and prepares adjusting entries on an annual basis.
Instructions
(a) Prepare all necessary journal entries for Chartreuse to record the notes.
(b) Prepare all necessary adjusting entries for the interest for Chartreuse in 2017 and 2018. Prepare separate adjusting entries for each note.
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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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