Notes Payable Chart of Accounts General Journal Instructions Rescue Sequences LLC purchased inventory by issuing...

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Notes Payable Chart of Accounts General Journal Instructions Rescue Sequences LLC purchased inventory by issuing a $30,000, 10%, t-day note on October 1 Required Prepare the journal entries for Rescue Sequences to record the purchase and payment assuming it uses a perpetual inventory system and a 360-day calendar fiscal year

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