Question: On August 1 , Charlotte's Cookies signed a $ 1 0 0 , 0 0 0 , 1 0 0 - day, 1 0 %

On August 1, Charlotte's Cookies signed a $100,000,100-day, 10% note payable to cover a past due account payable. Charlotte's year-end is September 30.
Show your calculations for credit.
Prepare Charlotte's journal entry to record the issuance of the note payable on August 1.
Prepare Charlotte's adjusting journal entry at the end of the year, September 30.
Prepare Charlotte's journal entry to record the payment of the note on November 9 of the following year.
On August 1, Charlotte's Cookies signed a $100,000,100-day, 10% note payable

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