19. Prepare the general journal entries for the following notes payable transactions for the Village Dock Café. Mar. 3 Village Dock Café purchased merchandise on account, $6,000. Apr. 2 Village Dock Café issued a 60-day, 10% note to pay off the account. 30 Village Dock Café paid off the preceding note on the maturity date.

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Q: rest) on the old (3 nd interest on the 5% note in payme st) plus $1,000 p

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Q: it is very important!!

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Q: 4. AB company receives $10,000 for a 6 month, 8% note on 11/1/20. Prepare the journal entry for the…

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