Normie Escalante

AJNB Company purchased equipment costing 500,000 paying 20% down payment with the balance paid by the issuance of promissory note

On December 1,2016, AJNB Company commences its operation. The following transactions occured for the month of December 2016. a.) Dec.1 The owner invests 1,000,000 to start the operation of the business b.) Dec.1 Paid rent in advance for 180,000 c.) Dec.1...