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    hyunrie's Avatar
    hyunrie Posts: 1, Reputation: 1
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    #1

    Dec 4, 2010, 07:10 AM
    Adjusting journal entry
    I don't know what entry should I write in this transaction.. here it goes

    The note was issued on December 11 for 30 days at 12%
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
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    #2

    Dec 4, 2010, 08:18 AM

    I'm assuming this is a note issued to a bank in return for cash - dr cash, credit note payable.
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