PDA

View Full Version : A-1 Photography 60-day note


babygirl072701
Dec 12, 2007, 09:03 AM
I have completed negotiatiosn with Central National Bank to borrow $20,000. PRepare a journal entry to a 60-day, 10% note to the bank for that amount.

How do I do this?

pready
Dec 12, 2007, 11:49 PM
Debit Cash 20,000 and Credit Note Payable 20,000