Business, 09.05.2020 03:57 daustin57

On September 1, 2014, Dougherty Corp. accepted a six-month, 7%, $45,000 interest-bearing note from Rozelle Companyin payment of an account receivable. Dougherty's year-end is December 3L Rozelle paid the note and interest on the duedate. RequiredL Who is the maker and who is the payee of the note?2 What is the maturity date of the note?3. Prepare all necessary journal entries that Dougherty needs to make in connection with this note.

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On September 1, 2014, Dougherty Corp. accepted a six-month, 7%, $45,000 interest-bearing note from R...

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