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 />
Explanation:
factionalism
basically everyone was in a treaty so they just worried about just their group or alliance and not about the overall picture
Answer:
You should not because this can cause a grease fire. Grease fires, unlike traditional fires, cannot be put out with water, which can increase the risk of the fire rapidly spreading.