Mathematics, 15.08.2021 14:00, raikespeare5080

On July 1, 2016, Alpha Company purchased from Zulu Company, a truck for $24,000. Alpha signed a Note Payable due in one year for $25,440. Use this information to prepare the General Journal entry (without explanation) for the July 1 and the December 31 fiscal year adjusting entry. If no entry is required then write "No Entry Required."

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On July 1, 2016, Alpha Company purchased from Zulu Company, a truck for $24,000. Alpha signed a Note...