Business, 05.05.2020 08:42 kimberlyrios12p0ts98
On November 1, 2021, June Laundry signed a $100,000, 9%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2022. June Laundry records the appropriate adjusting entry for the note on December 31, 2021. In recording the payment of the note plus accrued interest at maturity on May 1, 2022, June Laundry would:
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On November 1, 2021, June Laundry signed a $100,000, 9%, six-month note payable with the amount borr...
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