12-01-2023
Business

contestada

Question 1
10 pts
On August 31, 2022, BB Co. converted an accounts receivable to a
$10,000, 6% note due on December 31, 2022. BB closes quarterly on
September 30.
Prepare the journal entries for BB on August 31, September 30, and
December 31 when the amount due is paid in full. Assume each month
has 30 days and a 360 day year. You may use abbreviations. SHOW
YOUR WORK.

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