S8-4 – Note Paying

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Difficulty – Medium

Given the purchased inventory costing and the short-term note payable -- prepare the journals for the purchase of inventory and accrual of interest.

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  • Search Terms: $, %, (a) (b) (learning (principal , . : a account accrual an and by company company’s costing date. december entire for franklin interest interest) inventory journalize june nine-month, note note’s maturity objective of on pay payable payable) payable. purchase purchased s-. short-term signing the will
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