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Business, 27.11.2019 05:31 ninaaforever

Marigold corp. borrows $87,600 on july 1 from the bank by signing a $87,600, 10%, 1-year note payable. (a) prepare the journal entry to record the proceeds of the note. (credit account titles are automatically indented when amount is entered. do not indent manually.) date account titles and explanation debit credit july 1 enter an account title to record the proceeds of the note on july 1 enter a debit amount enter a credit amount enter an account title to record the proceeds of the note on july 1 enter a debit amount enter a credit amount (b)

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Marigold corp. borrows $87,600 on july 1 from the bank by signing a $87,600, 10%, 1-year note payabl...
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