Hi! Thank you so much for your help. Can you explain December 12th…

Question Hi! Thank you so much for your help. Can you explain December 12th… Hi! Thank you so much for your help. Can you explain December 12th to me please? Where did you get the amount $6,620? Also, for December 2nd, why weren’t there any entries made in the amount of $40,000? Should we not have four (4) journal entries for December 2nd = Cash $40,000 (Dr), Bank Loan $40,000 (Cr), and Bank Overdraft $18,750 (Dr), and Bills Payable $18,750 (Cr)? Accounting Business Financial Accounting ARTS 16.151 Share QuestionEmailCopy link Comments (0)