Business, 25.10.2019 00:43 ayoismeisalex

On august 31, 2018, brooke thomas borrowed $ 4 comma 000 from darwin state bank. thomas signed a note payable, promising to pay the bank principal plus interest on august 31, 2019. the interest rate on the note is 6%. the accounting year of darwin state bank ends on june 30, 2019. journalize darwin state bank's (a) lending money on the note receivable at august 31, 2018, (b) accrual of interest at june 30, 2019, and (c) collection of principal and interest at august 31, 2019, the maturity date of the note. journalize darwin state bank's (a) lending money on the note receivable at august 31, 2018, (b) accrual of interest at june 30, 2019, and (c) collection of principal and interest at august 31, 2019, the maturity date of the note. (record debits first, then credits. exclude explanations from any journal entries.) (a) prepare the journal entry for the issuance of the note receivable on august 31, 2018.

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On august 31, 2018, brooke thomas borrowed $ 4 comma 000 from darwin state bank. thomas signed a not...

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