israelchuchi26 israelchuchi26

31-03-2024
Mathematics

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On May 2, McLain Company lends $9,000 to Chang, Inc., issuing a 6-month, 7% note. At the November 2 maturity date, Chang indicates that it cannot pay. (a) Prepare the entry to record the issuance of the note. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Nov. 2 Account Titles and Explanation Debit Credit

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