Louvers, incorporated, accepted a $15,000, 180-day, 10 percent note from a customer on may 31. Louvers plans to prepare financial statements as of june 30, the end of its fiscal year. Prepare the necessary june 30 adjusting entry for louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

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07-11-2022
Business

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Louvers, incorporated, accepted a $15,000, 180-day, 10 percent note from a customer on may 31. Louvers plans to prepare financial statements as of june 30, the end of its fiscal year. Prepare the necessary june 30 adjusting entry for louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

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43,000 rounded to the nearest thousand

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