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How do record the issuance of the note payable on march

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On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $9,200. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell & Associates on September 1.

Required:

Problem 1: For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1.

Reference no: EM132668865

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How do record the issuance of the note payable on march : On March 1, Terrell & Associates, For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1.
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