ACC116_UNIT_5_Homework_Templates

ACC116_UNIT_5_Homework_Templates - Unit 5, Chapter 11...

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Unit 5, Chapter 11 Practice Exercises Name Instructions for template use: The following template is provided to you to assist you with the homework assignments. The areas shaded in green are the areas of the template in which you should place your answers. Please contact your instructor if you have any questions on the use of the template. PE 11-1A See instructions for the problem on page 506 of the textbook. Hint: Review the information for this problem on page 480 - 482. Note the difference between the proceeds for a regular note payable and a discounted note payable. See the journal entries on these pages. Also, pay close attention to Example Exercise 11-1 on page 482. a) Proceeds from note: b) Proceeds from discounted note:
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Unit 5, Chapter 11 Practice Exercises Name Instructions for template use: The following template is provided to you to assist you with the homework assignments. The areas shaded in green are the areas of the template in which you should place your answers. Please
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ACC116_UNIT_5_Homework_Templates - Unit 5, Chapter 11...

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