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Business, 08.11.2019 01:31 lberries08

Ivanhoe sports authority purchased inventory costing $ 26 comma 000 by signing a 6%, six-month, short-term note payable. the purchase occurred on march 1 comma 2018. ivanhoe will pay the entire note (principal and interest) on the note's maturity date of september 1, 2018. journalize the company's (a) purchase of inventory; and (b) payment of the note plus interest on september 1 comma 2018.

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