Record the appropriate journal entry


Adrian's flower show provides floral arrangements for holidays and events. Adrian's sold Oxford City Hall a holiday arrangement for $10,000 on account in November of the amount due within prescribed period. Both parties agreed to satisfy the remaining balance with a ten-month note, at 14% interest, all payable at the end of the note. Please record the appropriate journal entry establishing the note on Adrian's books.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Record the appropriate journal entry
Reference No:- TGS074148

Expected delivery within 24 Hours