Footballman2947 Footballman2947

15-12-2022
Business

Answered

on november 1, alan company signed a 120-day, 8% note payable, with a face value of $9,000. alan made a december 31 year-end accrual for interest earned. what is the journal entry as of march 1 to record the payment of the note? (use 360 days a year.)

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