College Accounting: A Career Approach (with Quickbooks Accountant 2015 Cd-rom)
College Accounting: A Career Approach (with Quickbooks Accountant 2015 Cd-rom)
12th Edition
ISBN: 9781305863385
Author: Cathy J. Scott
Publisher: Cengage Learning
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Chapter D, Problem 6P

Prepare entries in general journal form to record the following:

June 12    Sold merchandise on account to K. Perrot; terms n/30; $1,740.

July 12        Received $740 in cash from K. Perrot and a 60-day, 7 percent note for $1,000, dated July 12.

Aug. 17    Discounted the note at the bank at 7.5 percent.

Check Figure

8/17 Cash, $1006.61

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Chapter D Solutions

College Accounting: A Career Approach (with Quickbooks Accountant 2015 Cd-rom)

Ch. D - Part A: Calculate the interest on the following...Ch. D - Prob. 2PCh. D - Prob. 3PCh. D - Prob. 4PCh. D - Prob. 5PCh. D - Prepare entries in general journal form to record...Ch. D - The following T accounts show a series of four...Ch. D - Prepare entries in general journal form to record...
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