Business, 10.11.2020 01:10, stupidjew5496
On June 1, Sheridan Company borrows $126,000 from First Bank on a 6-month, $126,000,8% note.
(a)
Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation
Debit
Credit
June 1
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List of Accounts
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On June 1, Sheridan Company borrows $126,000 from First Bank on a 6-month, $126,000,8% note.
(a)
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