Ayayai Corporation issues a $746,000,5%, five-year note payable on January 1,2024. The terms provide for...
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Accounting
Ayayai Corporation issues a $ fiveyear note payable on January The terms provide for semiannual blended payments of $ on July and January
Prepare the journal entries to record the note on January and the first instalment payment. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.
Date
Account Titles
Debit
Credit
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