On June 13th, Paper Company receives a $6,000, 90-day, 6% promissory note from Dame Company...
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Accounting
On June 13th, Paper Company receives a $6,000, 90-day, 6% promissory note from Dame Company in settlement of an open accounts receivable. Journalize the following: 1. Receipt of the note 2. Receipt of payment on the appropriate maturity date. Format: Use the Chart of Accounts provided to you (do not bother adding company names). Enter all debits and credits as whole numbers, WITH COMMAS, but NO DECIMALS or DOLLAR SIGNS! Description Debit Date Credit June 13 June 13
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