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How do journalize the entries to record the issuance

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Reference no: EM132605826

Entries for Notes Payable

Question 1: A business issued a 60-day, 10% note for $91,000 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.

Reference no: EM132605826

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