ture Assignment Kimmel, Financial Accounting, 8e Help I CALCULATOR PRINTER VERSI

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ture Assignment Kimmel, Financial Accounting, 8e Help I CALCULATOR PRINTER VERSION BACK Exercise 10-1 (Part Level Submission) Kelly nes and Tami Crawford bo o ed $30,000 on a 7-month 5% terrom Ge money was borrowed on June 1, 2017, and the note matures January 1, 2018. State Bank to open their business, c's Co ?? ? use. The Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Dete Account Tities and Explanation June 1 Attempts: 0 of S used SAVE FOR LATER SUBMIT AN The parts of this question must be completed in order. This part will be avalable when you complete the part above The parts of this question must be completed in order. This part wil be available when you complete the part above The parts of this question must be completed in ander. This pavt wil be available when you compliete the part above 5 6 8 9

Explanation / Answer

Journal entry :

Date accounts & explanation debit credit June 1,2017 Cash 30000     Notes payable 30000 (To record receipts of note)

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