January 1, 2019, Johnson Corporation issued a 2-year note due December 31, 2017, with a face value of $10,000, receiving $7,694.68 in exchange.
Required:
Prepare the journal entries to account for the note:
Managerial Accounting: The Cornerstone of Business Decision-Making
Financial And Managerial Accounting
Financial Accounting
Financial & Managerial Accounting
College Accounting, Chapters 1-27
Accounting Information Systems
Corporate Financial Accounting
Principles of Macroeconomics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Accounting Information Systems
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Foundations of Business (MindTap Course List)
Essentials of Economics (MindTap Course List)
Contemporary Marketing
Fundamentals of Financial Management (MindTap Course List)
Principles of Economics (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
MKTG 12:STUDENT ED.-TEXT
Management, Loose-Leaf Version
Essentials of Business Communication (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Financial & Managerial Accounting
Financial Accounting
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
Fundamentals of Financial Management (MindTap Course List)
Exploring Economics
Statistics for Business & Economics, Revised (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Principles of Macroeconomics (MindTap Course List)
Pkg Acc Infor Systems MS VISIO CD
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Macroeconomics
Economics For Today
Practical Management Science
Purchasing and Supply Chain Management
Cornerstones of Cost Management (Cornerstones Series)
Economics (MindTap Course List)
Cornerstones of Financial Accounting
Managerial Accounting
MACROECONOMICS FOR TODAY
Microeconomics: Private and Public Choice (MindTap Course List)
Micro Economics For Today
Macroeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)