The Counter-Reformation<span> (</span>Latin<span>: </span>Contrareformatio<span>), also called the </span>Catholic Reformation<span> (Latin: </span>Reformatio Catholica<span>) or the </span>Catholic Revival,[1]<span> was the period of </span>Catholic<span> resurgence initiated in response to the </span>Protestant Reformation<span>, beginning with the </span>Council of Trent<span> (1545–1563) and ending at the close of the </span>Thirty Years' War<span> (1648). The Counter-Reformation was a comprehensive effort composed of four major elements</span>
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 />