The use of civil service exams
100m runner (don’t mind this i need it to be 20 characters long)
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 />