On August 2, 2011, Passat Co. receives a $9,000, 90-day, 6% note from customer Dee Kissick as payment on her $9,000 account. Prepare Passat’s journal entries for August 2 and for the note’s maturity...

On August 2, 2011, Passat Co. receives a $9,000, 90-day, 6% note from customer Dee Kissick as payment on her $9,000 account. Prepare Passat’s journal entries for August 2 and for the note’s maturity date assuming the note is honored by Kissick. View Solution:

On august 2 2011 passat co receives a 9000 90day