Transactions: May 6 Borrowed $20,000.00 from the Westlake National Bank and issued a 60-day, 8%...
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Transactions: May 6 Borrowed $20,000.00 from the Westlake National Bank and issued a 60-day, 8% interest-bearing note payable. 9 Aubuchon received a 30-day, 9% note from customer Paul Johnson for $3,000.00 for a time extension on his account. June 8 Received a check from Paul Johnson for $3,022.19 in payment of the $3,000.00 note dated May 9 plus interest of $22.19. June 5
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