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    College Accounting Study Set 1
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    Exam 14: Notes Receivable and Notes Payable
  5. Question
    Prepare Journal Entries for the Following Transactions for Grant Company
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Prepare Journal Entries for the Following Transactions for Grant Company

Question 100

Question 100

Essay

Prepare journal entries for the following transactions for Grant Company:
May 1 Purchased equipment from Knox,Inc.for $5,000 giving a 3 month 8% note
Aug.1 Paid amount due on note

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