Business, 02.03.2020 19:19 messyquestions

Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period- end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27.

Prepare the necessary November 27 entry for Louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. If there are multiple debits or multiple credits, please enter the account titles in alphabetical order.

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Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, L...

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