Question: Assignment 1. Chapter 13 71 Question 1 of 10 < > View Policies Credit Current Attempt in Progress Martinez Limited borrowed $40,800 on November

Assignment 1. Chapter 13 71 Question 1 of 10 < > View

Assignment 1. Chapter 13 71 Question 1 of 10 < > View Policies Credit Current Attempt in Progress Martinez Limited borrowed $40,800 on November 1, 2020, by signing a $40,800, three-month, 8% note. Prepare Martinez's November 1, 2020 entry: the December 31, 2020 annual adjusting entry: and the February 1, 2021 entry (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation Nov1.2020 Cas Notes Payable Dec 11.2020 a Feb. 1, 2021 $e- . 0 6 Debit 40,000 0 40.30 429 2156 2000/09 OB

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