Question: Exercise 8-2A Record notes payable (LOS-2) On November 1, 2021, Aviation Training Corp. borrows $45,000 cash from Community Savings and Loan. Aviation Training signs

Exercise 8-2A Record notes payable (LOS-2) On November 1, 2021, Aviation Training

Exercise 8-2A Record notes payable (LOS-2) On November 1, 2021, Aviation Training Corp. borrows $45,000 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.

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