I only need the dates , please Instruction Chart Of Accounts General Journal...
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I only need the dates , please
Instruction Chart Of Accounts General Journal Instruction A business issued a 30-day, 7% note for $67,200 to a creditor on account. The company uses a 360-day year for interest calculations. Required: Journalize the entries to record (a) the issuance of the note on April 30 and (b) the payment of the note at maturity, including interest. Refer to the Chart of Accounts for exact wording of account titles. Instruction General Journal PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 Apr. 30 Accounts Payable 67,200.00 2 Notes Payable 67,200.00 3 Apr. 30 Notes Payable 67,200.00 4 Interest Expense 392.00 5 Cash 67,592.00 Instructions A business issued a 60-day note for $96,000 to a creditor on account. The note was discounted at 7%. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity. Assume a 360-day year. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to whole dollar. a. Journalize the entries to record the issuance of the note on March 1. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to nearest whole dollar. Jo wh PAGE 1 JOURNAL ACCOUNTING. FOLLATION ASSETS LIABILITIES EQUITY DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 Mar. 1 Accounts Payable 94,880.00 1 2 Interest Expense 1,120.00 3 Notes Payable 96,000.00 Jo b. Journalize the entries to record the payment of the note at maturity. Assume a 360-day year. Refer to the Chart of Accounts for exact wording of account titles. wh PAGE 2 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT ACCOUNTING. FOLLATION ASSETS LIABILITIES EQUITY 1 Notes Payable 96,000.00 2 Cash 96,000.00
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