the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be

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07-10-2021
Business

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the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be

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Аноним Аноним · Answer 1 · 2021-10-07T21:51:53+02:00

Аноним Аноним

07-10-2021

Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.

Explanation:

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