Business, 02.08.2021 20:40 danteyoungblood7

Travis County Bank agrees to lend Brickyard Corporation $200,000 on January 1. Brickyard signs a $200,000, 4%, 9-month note. Interest is due at maturity on September 30. The company's fiscal year ends June 30 and adjusting entries are recorded at that time only. Use the information above to answer the following question. On January 1, what is the journal entries will be made by Brickyard to record the issuance of the note?

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Travis County Bank agrees to lend Brickyard Corporation $200,000 on January 1. Brickyard signs a $20...

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