gmw135
Apr 10, 2008, 05:10 PM
How do you journalize the following question?
May 10 Purchased equipment by issuing a $125,000, 120-day note to Milford Equipment Co. which discounted the note at the rate of 6%.
May 10 Purchased equipment by issuing a $125,000, 120-day note to Milford Equipment Co. which discounted the note at the rate of 6%.