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Mumz [18]
3 years ago
7

On April 12, Hong Company agrees to accept a 60-day, 10%, $4,500 note from Indigo Company to extend the due date on an overdue a

ccount. What is the journal entry needed to record the transaction by Indigo Company?
Advanced Placement (AP)
1 answer:
svet-max [94.6K]3 years ago
7 0
We are given,

60-day 10%, $4,500 note accepted by Hong Company from Indigo Company.

The journal entry needed to record the transaction by Indigo Company is cash payment or disbursement journal. This contains all transactions with payments and disbursements. This includes overdue accounts and accounts payable. <span />
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The independent variable is psychotherapy while the dependent variable is the people.

<h3>The types of variables.</h3>

In an experiment, there are two (2) main types of variables and these include the following:

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<h3>What is an independent variable?</h3>

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<h3>What is a dependent variable?</h3>

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Based on the information provided about this experiment, we can infer and logically deduce that the independent variable is psychotherapy while the dependent variable is the people.

Read more on dependent variable here: brainly.com/question/25223322

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