On November 1, 2012, Aviation Training Corp. borrows $50,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation’s year-end is December 31.referencesSection BreakDifficulty: Medium Exercise 8-2 Record notes payable [LO2]Learning Objective: 08-02 Account for notes payable and interest expense.
At superior-papers.com, your custom essay order will be finished much quicker than you can even imagine. From regular orders taking a few days to urgent orders needed in a few short hours, superior-papers.com offers quick, reliable service to meet all your custom essay needs.
4870 Cass Ave
Detroit, MI, United States
+1 (940) 905 5542