Prepare general journal entries for Huckabee Corporation for the following transactions:
200x
$\text {Dec. 1}$ $\quad $ $\text {Disccunted its own $\$ 32,400,60 - d a y , 9 \%$ note at Colo Bank. }$
$\quad $ $\quad $ $\text {31}$ $\quad $ $\text { Accrued the interest expense on the discounted note.}$ 200x
$\text { Jan. } 15 \quad \text { Paid the discounted note. }$

Question

Prepare general journal entries for Huckabee Corporation for the following transactions:
200x
 $\text {Dec. 1}$  $\quad $ $\text {Disccunted its own $\$ 32,400,60 - d a y , 9 \%$ note at Colo Bank. }$
 $\quad $  $\quad $ $\text {31}$  $\quad $ $\text { Accrued the interest expense on the discounted note.}$ 200x
 $\text { Jan. } 15 \quad \text { Paid the discounted note. }$

Quizplus · Accepted Answer

The Answer of Prepare general journal entries for Huckabee Corporation for the following transactions:
200x
 $\text {Dec. 1}$  $\quad $ $\text {Disccunted its own $\$ 32,400,60 - d a y , 9 \%$ note at Colo Bank. }$
 $\quad $  $\quad $ $\text {31}$  $\quad $ $\text { Accrued the interest expense on the discounted note.}$ 200x
 $\text { Jan. } 15 \quad \text { Paid the discounted note. }$

Prepare General Journal Entries for Huckabee Corporation for the Following Dec. 1\text {Dec. 1}Dec. 1

Prepare General Journal Entries for Huckabee Corporation for the Following $\text {Dec. 1}$