Bell Provincial Bank agrees to lend Griswold Brick Company $ 80,000 on January 1. Griswold Brick Company signs an $ 80,000, 9-month, 5% note. The entry made by Griswold Brick Company on January 1 to record the proceeds and issue of the note is

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The Answer of Bell Provincial Bank agrees to lend Griswold Brick Company $ 80,000 on January 1. Griswold Brick Company signs an $ 80,000, 9-month, 5% note. The entry made by Griswold Brick Company on January 1 to record the proceeds and issue of the note is

Bell Provincial Bank Agrees to Lend Griswold Brick Company