# M 3. sources T X O Applications Rapidldentity X Principles of Accounting I- A X 9 Question 7- Chapter 9 Q sources ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% 9 Quiz: Accounting for Current Liabi... i Saved He. Required information On December 15, Carboy, Inc., borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 30 ok Record entry Clear entry View general journal < Prev 7. of 19 Next ...... ..... II F2 F3 F4 F5 F7 F8 F10 F12 DDI 2$ %23 9. 9 08. R %24 Principles of Accounting I-A X O Question 7 - Chapter 9 Quiz: AX )Applications Rapidldentity X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser3D0&launchUrl=https%253A%252F%252Flm Help Save & Exit Subr Saved Quiz: Accounting for Current Liabi... G Check my work Required information On December 16, Carboy, Incorporated, borrows $120,000 cash from Third National Bank at 9 percent annual interest. The no is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note. Prepare the January 30 entry by Carboy for the payment (maturity) of the note plus interest by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On December 15, Carboy, Inc., borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note. < Prev of 19 Next > ...... .... ..... ..... II F10 F12 Finder F5 F7 F8 LL F4 DDI /// & レ 5 6 3. K W N 8

# M 3. sources T X O Applications Rapidldentity X Principles of Accounting I- A X 9 Question 7- Chapter 9 Q sources ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% 9 Quiz: Accounting for Current Liabi... i Saved He. Required information On December 15, Carboy, Inc., borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 30 ok Record entry Clear entry View general journal < Prev 7. of 19 Next ...... ..... II F2 F3 F4 F5 F7 F8 F10 F12 DDI 2$ %23 9. 9 08. R %24 Principles of Accounting I-A X O Question 7 - Chapter 9 Quiz: AX )Applications Rapidldentity X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser3D0&launchUrl=https%253A%252F%252Flm Help Save & Exit Subr Saved Quiz: Accounting for Current Liabi... G Check my work Required information On December 16, Carboy, Incorporated, borrows $120,000 cash from Third National Bank at 9 percent annual interest. The no is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note. Prepare the January 30 entry by Carboy for the payment (maturity) of the note plus interest by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On December 15, Carboy, Inc., borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note. < Prev of 19 Next > ...... .... ..... ..... II F10 F12 Finder F5 F7 F8 LL F4 DDI /// & レ 5 6 3. K W N 8

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter4: Internal Control And Cash

Section: Chapter Questions

Problem 68.4C

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