What would be the debit and credit for this problem


Question - What would be the debit and credit for this problem? Marlinspike Marine signed a 12%, 60-day note dated June 20 to pay the balance of its account. The note has not been recorded yet. Sale date was June 19. On the 19th the price was 3750 terms 3/10 n/30. What would be the journal entry?

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Accounting Basics: What would be the debit and credit for this problem
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