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QUESTION
Alpha Company prepares quarterly adjusting entries. On November I, 2017, Alpha Company purchased equipment with a sticker price of $3,515 and signed...
Genen Earl journal entry to record the payment of the note?
Alpha Company prepares quarterly adjusting entries. On November I, 2017, Alpha Company purchased equipment with asticker price of $3,515 and signed a note due in 9 months for $10,000 that included interest in the value of the note. Use thisinformation to prepare the general journal entry for the November 1 equipment purchase. Prepare any additional generaljournal adjusting entries for Fiscal Years 2017 & 2018. Additionally, prepare the general journal entry to record thepayment of the note when due in 2018. :L'IEQVFomaIVBIQV-EEEE' "- Debit Credit Date Accounts