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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
النسخة 26الرقم المعياري الدولي: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
النسخة 26الرقم المعياري الدولي: 978-1337498159 تمرين 50
Entries for discounted note payable
A business issued a 60-day note for $75,000 to a creditor on account. The note was discounted at 7%. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity.
A business issued a 60-day note for $75,000 to a creditor on account. The note was discounted at 7%. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity.
التوضيح
موثّق
موثّق
(a)Issuance of note is journal...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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