On November 1, 2021, Aviation Training Corp, borrows $45,000 cash from Community Savings and Loan...
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Accounting
On November 1, 2021, Aviation Training Corp, borrows $45,000 cash from Community Savings and Loan Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 2 3 > Record the issuance of note. Note: Enter debits before credits Date General Joumal Debit Credit November 01, 2021 Record entry Clear entry View general Journal Prev 1 of 13 Next On November 1, 2021, Aviation Training Corp. borrows $45,000 cash from Community Savings and Loan Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the adjusting entry for interest. Note: Enter debits before credits es Date General Journal Debit Credit December 31, 2021 Record entry Clear entry Vlow goneral Joumal Prey 1 of 13 Next > 1 On November 1, 2021, Aviation Training Corp. borrows $45,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) pints Skipped View transaction list eBook Journal entry worksheet
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You can see the logs in the Dashboard.