On September 1, 2021, Allied Moving Corp, borrows $90,000 cash from First National Bank. Allied signs a six-month, 6% no
Posted: Thu May 19, 2022 2:04 pm
- On September 1 2021 Allied Moving Corp Borrows 90 000 Cash From First National Bank Allied Signs A Six Month 6 No 1 (37.49 KiB) Viewed 104 times
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- On September 1 2021 Allied Moving Corp Borrows 90 000 Cash From First National Bank Allied Signs A Six Month 6 No 3 (48.65 KiB) Viewed 104 times
On September 1, 2021. Allied Moving Corp. borrows $90,000 cash from First National Bank. Allied signs a sic-month, 6% note payable Interest is payable at maturity Allied's year-end is December 31 1.,2. & 3. Record the following transactions for the note payable by Allied Moving Corp. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to nearest dollar amount.) 5 View transaction list Journal entry worksheet < 1 By 3 Record the adjusting entry for interest e ter det before Date Dec 31, 2021 General Journal Debit Credit Record entry Clearly View general
On September 1, 2021 Allied Moving Corp, borrows $90,000 cash from First National Bank. Allied signs a six-month, 6% note payable. Interest is payable at maturity. Allied's year-end is December 31 1., 2. & 3. Record the following transactions for the note payable by Allied Moving Corp. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to nearest dollar amount.) View transaction list Journal entry worksheet < 1 2 3 Record the payment of the note at maturity Note: Enter debits before credits Date Mar 01, 2022 General Journal Debit Record entry Clear entry View general journal