Bundle: College Accounting: A Career Approach (with QuickBooks Online), Loose-leaf Version, 13th + LMS Integrated CengageNOWV2, 1 term (6 months) Printed Access
Bundle: College Accounting: A Career Approach (with QuickBooks Online), Loose-leaf Version, 13th + LMS Integrated CengageNOWV2, 1 term (6 months) Printed Access
13th Edition
ISBN: 9781337587358
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

Bundle: College Accounting: A Career Approach (with QuickBooks Online), Loose-leaf Version, 13th + LMS Integrated CengageNOWV2, 1 term (6 months) Printed Access

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 - Prob. 7PCh. D - Prob. 8P
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