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View Full Version : Adjusting entry


Jfredricks33
Feb 2, 2013, 01:37 PM
Yorkis Perez gave the bank a 90-day, 10% note for $7,200 on December 1, 2012.

What is the adjusting entry if the books are being closed on December 31, 2012?

pready
Feb 2, 2013, 01:44 PM
This is a duplicate post and I posted an answer on the other post.