P B %24 3. Applications Rapidldentity X O Principles of Accounting I-A X O Question 6 - Chapter 9 Quiz: A x ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms uiz: Accounting for Current Liabi... Saved Help Save & Exit Submit 1. Check my work Required information On September 1, Vicario, Incorporated, borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 days. Prepare the September 1 journal entry for Vicario by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 days. Note: Enter debits before credits. < Prev of 19 Next > .... ..... II F3 F4 F5 F6 F7 F8 F12 Finder OLL LL DeX DDI 114 /// +D +Q B 4. R. K W N 69 FL %24 E ezto.mheducation.com/ext/map/index.html?_con=con&external_browser3D0&launchUrl=https%253A%252E Quiz: Accounting for Current Liabi. A Saved Help Save & E Chec i Required information Short-term notes payable are current liabilities; most bear interest. When a short-term note's face value equals the amount borrowed, it identifies a rate of interest to be paid at maturity. Promissory Note k Sept. 30 Face Value Date Sixty days after date, I promise to pay to the order of National Bank Boston, MA Two Thousand and no /100 Dollars 70C F < Prev of 19 Next > 9. II F3 F4 F5 F7 F8 F12 Finder LL // DDI ) 2 3. 6 K B. W N

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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B
%24
3.
Applications Rapidldentity X
O Principles of Accounting I-A X
O Question 6 - Chapter 9 Quiz: A x
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms
uiz: Accounting for Current Liabi...
Saved
Help
Save & Exit
Submit
1.
Check my work
Required information
On September 1, Vicario, Incorporated, borrows $100,000 from First National Bank at 6 percent annual interest. This note is due
in 90 days.
Prepare the September 1 journal entry for Vicario by selecting the account names from the drop-down menus and entering the
dollar amounts in the debit or credit columns.
View transaction list
Journal entry worksheet
On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent
annual interest. This note is due in 90 days.
Note: Enter debits before credits.
< Prev
of 19
Next >
.... .....
II
F3
F4
F5
F6
F7
F8
F12
Finder
OLL
LL
DeX
DDI
114
///
+D
+Q
B
4.
R.
K
W N
Transcribed Image Text:P B %24 3. Applications Rapidldentity X O Principles of Accounting I-A X O Question 6 - Chapter 9 Quiz: A x ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms uiz: Accounting for Current Liabi... Saved Help Save & Exit Submit 1. Check my work Required information On September 1, Vicario, Incorporated, borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 days. Prepare the September 1 journal entry for Vicario by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 days. Note: Enter debits before credits. < Prev of 19 Next > .... ..... II F3 F4 F5 F6 F7 F8 F12 Finder OLL LL DeX DDI 114 /// +D +Q B 4. R. K W N
69
FL
%24
E
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser3D0&launchUrl=https%253A%252E
Quiz: Accounting for Current Liabi. A
Saved
Help
Save & E
Chec
i
Required information
Short-term notes payable are current liabilities; most bear interest. When a short-term note's face value
equals the amount borrowed, it identifies a rate of interest to be paid at maturity.
Promissory Note
k
Sept. 30
Face Value
Date
Sixty days after date,
I
promise to pay to the order of
National Bank
Boston, MA
Two Thousand and no /100
Dollars
70C F
< Prev
of 19
Next >
9.
II
F3
F4
F5
F7
F8
F12
Finder
LL
//
DDI
)
2
3.
6
K
B.
W N
Transcribed Image Text:69 FL %24 E ezto.mheducation.com/ext/map/index.html?_con=con&external_browser3D0&launchUrl=https%253A%252E Quiz: Accounting for Current Liabi. A Saved Help Save & E Chec i Required information Short-term notes payable are current liabilities; most bear interest. When a short-term note's face value equals the amount borrowed, it identifies a rate of interest to be paid at maturity. Promissory Note k Sept. 30 Face Value Date Sixty days after date, I promise to pay to the order of National Bank Boston, MA Two Thousand and no /100 Dollars 70C F < Prev of 19 Next > 9. II F3 F4 F5 F7 F8 F12 Finder LL // DDI ) 2 3. 6 K B. W N
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