Question: On August 1, 2024, Teal Mountain Trees signed a seven-month, 10%,$48.000 note payable with Canada Bank, Interest is due at maturity. Teal Mountain Trees has

 On August 1, 2024, Teal Mountain Trees signed a seven-month, 10%,$48.000
note payable with Canada Bank, Interest is due at maturity. Teal Mountain

On August 1, 2024, Teal Mountain Trees signed a seven-month, 10%,$48.000 note payable with Canada Bank, Interest is due at maturity. Teal Mountain Trees has a December 31 fiscal year end. Teal Mountain honours the note at maturity. For Teal Mountain Trees, record all transactions related to the note. (Credit account titles are automatically indented when the omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries. Recond joumal entries in the order presented in the problem) eTextbook and Media List of Accounts

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