Business
Business, 22.04.2020 00:22, jaylynomalley

On November 1, 2021, NoleCo signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2022. NoleCo records the appropriate adjusting entry for the note on December 31, 2021. In recording the payment of the note plus accrued interest at maturity on May 1, 2022, NoleCo would:

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On November 1, 2021, NoleCo signed a $100,000, 6%, six-month note payable with the amount borrowed p...

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