The trial balance on 31st Dec 2018 states that notes payable is RM120, 000. Given additional information:
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- The trial balance on 31st Dec 2018 states that notes payable is RM120, 000. Given additional information: 25 percent of notes payable are due next year. The interest is 8 percent per annum. What is the adjusting journal entry?
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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