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 />
U should try multiplying some numbers in the question there's a key in there
Because it’s dangerous you can’t see and you’ll get hurt
Wooo nada I just want ya ya know what
