Question: This is a 9% note due February 15, 2026 with interest collectible on the 15th of each month. Refer to the collection schedule below for
This is a 9% note due February 15, 2026 with interest collectible on the 15th of each month. Refer to the collection schedule below for the note details. Values in schedule have been rounded for convenience. ABC Inc. 8857 Paper Place Edmonton, Alberta Z2J 1S7 Date: March 15, 2024 Account No.: 129 Cash Cheques N/A (re: interest and principal regarding the note receivable) $2,604 Total Deposits $2,604 journal entries
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