Question: View Policies Current Attempt in Progress Admire County Bank agrees to lend Vaughn Brick Company $599000 on January 1. Vaughn Brick Company signs a $599000,
View Policies Current Attempt in Progress Admire County Bank agrees to lend Vaughn Brick Company $599000 on January 1. Vaughn Brick Company signs a $599000, 8%, 9- month note. The entry made by Vaughn Brick Company on January 1 to record the proceeds and issuance of the note is O Interest Expense 35940 563060 Cash Notes Payable 599000 O Cash 599000 Interest Expense 35940 Notes Payable 599000 Interest Payable 35940 O Cash 599000 Interest Expense 35940 Notes Payable 634940 O Cash 599000 Notes Payable 599000
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