Question: :() : : ch10 :7 :0 5.5% : ( 10 ) : 1. Wellington Company had the following transactions involving notes payable. Nov. 1. 2016

:() : : ch10 :7 :0 5.5% : ( 10 ) : 1. Wellington Company had the following transactions involving notes payable. Nov. 1. 2016 Borrows $150,000 from Olathe State Bank by signing a 3-month, 10% note, Dec. 31, 2016 Prepares the adjusting centry. . Feb. 1. 2017 Pays principal and interest to Olathe State Bank. Instructions ( @8 X3.24 ) Prepare journal entries for each of the transactions

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