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Paid $200 on existing note for $4000 which accounts do I use to post to a journal entry ?

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  • Paid $200 on existing note for $4000 which accounts do I use to post to a journal entry ?


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J.M. TULL SCHOOL OF ACCOUNTING ENTRANCE EXAMINATION PRACTICE QUESTION SET ... The general journal entry ... Debit to Accounts Receivable for $4,000 ...
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Positive: 87 %
DEMONSTRATION PROBLEM ... Mar. 3 Paid amount owed on the note issued to Barton ... Immediately after each journal entry, record each note in the notes ...
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Positive: 84 %

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... you need to use journal entries, ... How to Account Paid Advertising Expenses ... then you did not do the journal entry correctly.
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Positive: 87 %
ACCRUED EXPENSES (ACCRUED LIABILITIES) ... paid = $4,000 accrued ... to the Pension Fund account. Make the adjusting journal entries when the ...
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Positive: 82 %
... or increase in the liability account Notes Payable for $4,000 ... Learning objective 3 is to use journal entries and T-accounts ... Cash paid on notes ...
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Positive: 68 %
The General Journal and ... Dec. 31 Cash 4,000.00 Accounts Receivable 4,000.00 Received cash from credit clients on account Received $4,000 ... Objective 3 ...
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Positive: 45 %

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