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Business, 24.11.2021 01:00 makalaily9342

Entries for Notes Payable A business issued a 60-day, 5% note for $97,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360-day year. If an amount box does not require an entry.

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Entries for Notes Payable A business issued a 60-day, 5% note for $97,000 to a creditor on account....

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