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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
النسخة 2الرقم المعياري الدولي: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
النسخة 2الرقم المعياري الدولي: 978-0073396958 تمرين 18
Recording adjustments for accrued and prepaid expense items.
On December 31, 2013, the Notes Payable account at Beth's Boutique Shop had a balance of $52,000. This amount represented funds borrowed on a six-month, 9 percent note from the firm's bank on December 1. Record the journal entry for interest expense on this note that should be recorded on the firm's worksheet for the year ended December 31, 2013. Omit descriptions.
On December 31, 2013, the Notes Payable account at Beth's Boutique Shop had a balance of $52,000. This amount represented funds borrowed on a six-month, 9 percent note from the firm's bank on December 1. Record the journal entry for interest expense on this note that should be recorded on the firm's worksheet for the year ended December 31, 2013. Omit descriptions.
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The adjusting entry to record the intere...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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