Big Company purchased Small Company on January th paying $ in cash. Small's only asset was a building worth $ and its only liability was a $ note payable.
Complete the journal entry for Big Company to record its purchase of Small Company.
Journal entry worksheet
Big Company purchased Small Company on January th paying $ in cash. Small's only asset was a building worth $ and its only liability was a $ note payable. Complete the journal entry for Big Company to record its purchase of Small Company
Note: Enter debits before credits.
tableABCDDate,Account Title,Debit,Credit