Ellie and Brad Nowland borrowed $12,000 on an 8 month, 10 note from a financial institution to open their business, EB's Caf The money was borrowed on 1 May 2016 (a) Prepare the entry to record the receipt of the funds from the loan (Enter debit entries first followed by credit entries Credit acco...

Date May 1 Title Cash Debit 1 ...

Ellie and Brad Nowland borrowed $12,000 on an 8-month, 10% note from a financial institution to...

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Financial Accounting Tools for business decision making

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Financial Accounting Tools for business decision making

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