Question Details

Issued note for purchase of land





1.	Post the following transaction.

General Journal	Page 8
Date	Description	Post.
Ref.	Debit	Credit
2010				
May	12	Land		5,000	
			Notes Payable			5,000
			Issued note for purchase of land			

Land	Account No. 141
Date	Item	Post.
Ref.	Debit	Credit	Balance
					Debit	Credit
2010						
							
							
							
							

Notes Payable	Account No. 211
Date	Item	Post.
Ref.	Debit	Credit	Balance
					Debit	Credit
2010						
							
							

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