On November 1, 2014, Best Corp. signed a three-month, zero-interest-bearing note for the purchase of $80,000 of
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debit to Note Payable for $800.
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debit to Interest Expense for $1,200.
credit to Interest Expense for $800.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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