How do make the transaction for purchased furniture and, Ask an Expert

Accounting

How do make the transaction for: Purchased furniture and fixtures for $14,000, plus sales tax of $1,000, by issuing a 10% short-term note payable due in monthly installments of $2,500.00 principal plus interest for six months.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945257

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