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01-11-2017
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Q 8.20: foti co. accepts a $1,000, 3-month, 12% promissory note in settlement of an account with bartelt co. the entry to record this transaction is as follows:

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12-11-2017

foti co. accepts a $1,000, 3-month, 12% promissory note in settlement of an account with bartelt co. the entry to record this transaction is as follows:Notes receivable -1000. Accounts Receivable -1000 if 12% promissory note in settlement of an account with bartelt co

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