Business
Business, 07.11.2019 04:31, hdhdhd49jdhd

On may 1 comma 2019, jasper company purchased inventory costing $ 87 comma 000 by signing a 10%, nine-month, short-term note payable. jasper will pay the entire note (principal and interest) on the note's maturity date. journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on november 31 comma 2019. (record debits first, then credits. exclude explanations from any journal entries.)

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