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SER MC Qu. 77 on November 1, Alan Company... On November 1, Alan Company signed...

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Accounting

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SER MC Qu. 77 on November 1, Alan Company... On November 1, Alan Company signed a 120-day,9% note payable, with a face value of $54.000. Aion made the appropriate year end accrual What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was made? (Use 360 days a year.) Multiple Choice Det Notes Payable 554.000 debt interest Expense $1620, credit Cash $55.620 Det Notes Payable $55.620 credit interest Poyale $80, credere Expense $410, credit Can $54.000 Det Notes Payable $54.000 de mers Payable to credit Cash $54.30 Der Can 354.10. crear Nones y 34.80 Durit Notes Payat $5.000, out interest Pet 310, det internet Expense sono conde Can 116.620

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