Question: Instructions Rescue Sequences LLC purchased inventory by issuing a $30,000, 60-day, non interest bearing note on October 1 Assume that the note is discounted at

Instructions Rescue Sequences LLC purchased inventory by issuing a $30,000, 60-day, non interest bearing note on October 1 Assume that the note is discounted at a 15 rate Required: Prepare the journal entries for Rescue Sequences to record the purchase and payment assuming rus a pevpetuarienfory system and a 360 day calendariscal yea Instructions Chart of Accounts General Journal Instructions General Journal GENERAL JOURNAL DATE ACCOUNT TITLE POST. REK DEBIT CREDIT 1 Oct 1 2 1 5

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