Question: Unit 6-Chapter 8 H 2 M8-11 Recording Note Receivable Tr ansactions [Lo 8-3) 10 points Nova Corporation hired a new product manager and agreed to




Unit 6-Chapter 8 H 2 M8-11 Recording Note Receivable Tr ansactions [Lo 8-3) 10 points Nova Corporation hired a new product manager and agreed to provide her a $39,000 relocation loan on a sic-month, 8 percent nade a. The company loans the money on January 1 b. The new employee pays Nova the interest owed on the maturity date. C. The new employee pays Nova the full principal owed on the maturity date Print Prepare lournal entries to record the aboue Prepare journal entries to record the above transactions No Journal Entry Required" in the first account field for Nova Corporation If no entry is required for a transectionievent d. Do not round intermediate calculations.j list View Journal entry worksheet The company loans the money on January i Record the transaction. Next
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