Untitled Document8

Untitled Document8 - 2/12) 20X 1 Apr. 30 Notes Payable...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
General Journal Date Account Title and Description Ref. Debit Credit 20X 0 Nov. 1 Cash 12,00 0 Notes Payable 12,000 To record borrowing Dec. 31 Interest Expense 200 Interest Payable 200 To accrue interest for two months ($12,000 × 10% ×
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2/12) 20X 1 Apr. 30 Notes Payable 12,00 Interest Payable 200 Interest Expense (4 months) 400 Cash 12,600 To record payment of note with interest...
View Full Document

This note was uploaded on 12/25/2011 for the course FIN 3312 taught by Professor Staff during the Spring '08 term at Texas State.

Ask a homework question - tutors are online