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Prepare journal entries to record issuance of notes payable

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Reference no: EM133065767

Question - A company issues a 45-day note payable with a face value of Rp90.000.000 to one of its creditors at an 8% discount rate. Prepare journal entries to record the issuance of notes payable and payment of notes payable when they are due.

Reference no: EM133065767

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