Journalize the entries, Journalize the entries to record

Journalize the entries

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Reference no: EM13912843

A business issued a 90-day, 4% note for $240,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note on January 1 and (b) the payment of the note at maturity, including interest. Assume a 360-day year. Refer to the Chart of Accounts for exact wording of account titles.

Reference no: EM13912843

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