emilydis4753 emilydis4753
  • 08-06-2020
  • Business
contestada

On January​ 1, 2018​, White Corporation signed a $ 120,000​, four​-year, 2​% note. The loan required White to make payments annually on December 31 of $ 30,000 principal plus interest.

Required:
a. Journalize the issuance of the note on January 1, 2018
b. Journalize the first payment on December 31, 2018

Respuesta :

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