Question: Ap. 30 issued a S1 50,000, 3lday, 6% note dated April 30 to Misner Co. on account, May 30 Paid Misner Co the amount owed

Ap. 30 issued a S1 50,000, 3lday, 6% note dated April

Ap. 30 issued a S1 50,000, 3lday, 6% note dated April 30 to Misner Co. on account, May 30 Paid Misner Co the amount owed on the note dated April 30 Required: Journalize the above transaction, assuming a 360-day year is used for interest calculations Refer to the Chart of Accounts for exact wordting of account titles

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