On January 15, Ross Furniture, Inc., accepts a $5,000, 180-day. 10 percent note from a customer at the time of a product sale. Prepare the January 15 entry for Ross Furniture by selecting the account names from the drop-down menus and entering the d amounts in the debit or credit columns. View transaction list Journal entry worksheet

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....
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On January 15, Ross Furniture, Inc., accepts a $5,000, 180-day, 10 percent note from a customer at the time of a product sale.
Prepare the January 15 entry for Ross Furniture by selecting the account names from the drop-down menus and entering the dollam
amounts in the debit or credit columns.
View transaction list
Journal entry worksheet
1.
On January 15, Ross Furniture, Inc., accepts a $5,000, 180-day, 10 percent
note from a customer at the time of a product sale.
Transcribed Image Text:On January 15, Ross Furniture, Inc., accepts a $5,000, 180-day, 10 percent note from a customer at the time of a product sale. Prepare the January 15 entry for Ross Furniture by selecting the account names from the drop-down menus and entering the dollam amounts in the debit or credit columns. View transaction list Journal entry worksheet 1. On January 15, Ross Furniture, Inc., accepts a $5,000, 180-day, 10 percent note from a customer at the time of a product sale.
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