Record both debit and credit to the notes payable account

Reference no: EM132132361

Question - Paid Audi Company the interest due on the note of April 15 and renewed the loan by issuing a new 60-day, 8% note for $225,000. Record both the debit and credit to the notes payable account.

Reference no: EM132132361

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Record both debit and credit to the notes payable account : Paid Audi Company the interest due on the note of April 15 and renewed the loan by issuing a new 60-day, Record both the debit and credit to the notes payable

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