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21 September, 01:01

Q 8.20: foti co. accepts a $1,000, 3-month, 12% promissory note in settlement of an account with bartelt co. the entry to record this transaction is as follows:

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  1. 21 September, 01:22
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    foti co. accepts a $1,000, 3-month, 12% promissory note in settlement of an account with bartelt co. the entry to record this transaction is as follows:Notes receivable - 1000. Accounts Receivable - 1000 if 12% promissory note in settlement of an account with bartelt co
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