Question: Exercise 8-2A Record notes payable (L08-2) On November 1, 2021, Aviation Training Corp. borrows $42.000 cash from Community Savings and Loan Aviation Training signs a
Exercise 8-2A Record notes payable (L08-2) On November 1, 2021, Aviation Training Corp. borrows $42.000 cash from Community Savings and Loan Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity Aviation's year-end is December 31. Required: 1-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 > Record the issuance of note. Note: Enter debits before credits General Journal Date November 01, 2021 Debit Credit Prav 1 of 10 !!! Next >
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