Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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On June 15, Bella Inc. borrowed $90,000 cash from Wells
Fargo by signing a 6.6%, 60-day note payable. a. Prepare
Bella's journal entry to record the issuance of the note
payable. b. Prepare Bella's journal entry to record the
payment of the note at maturity.
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Transcribed Image Text:On June 15, Bella Inc. borrowed $90,000 cash from Wells Fargo by signing a 6.6%, 60-day note payable. a. Prepare Bella's journal entry to record the issuance of the note payable. b. Prepare Bella's journal entry to record the payment of the note at maturity.
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