Anonymous
Anonymous asked in Business & FinancePersonal Finance · 2 months ago

Prepare journal entries to record...?

Fischer Company borrowed $84,000 from the National bank on August 1 for three months; 5% interest is payable the first of each month, starting September 1. Fischer’s year-end is September 30 and the company records adjusting entries only at that time.

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2 Answers

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  • ?
    Lv 7
    2 months ago

    That is a messed up / incomplete journal (not in line with a real software accounting program). - but anyway, read the problem (again !) and work through the steps. 

  • Anonymous
    2 months ago

    another CHEATER. ALL YOU EVER DO IS POST CHEAT QUESTIONS

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