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  3. 3. 3. ch. 9: notes payable: on august 1, year 1

3. 3. Ch. 9: Notes Payable: On August 1, Year 1 West...

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Accounting

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3. Ch. 9: Notes Payable: On August 1, Year 1 West Company borrows $12,000 from Park Bank on a 10-month, $12,000,8% note. a. Record the entry on August 1. b. Record the adjusting entry on August 31. c. Record the entry at maturity, assuming monthly adjusting entries have been made through May 31

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