Gold Medal Running Shoes reports the following 2016 Jan 3 Oct 1 Dec 31 Recorded credit...
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Gold Medal Running Shoes reports the following 2016 Jan 3 Oct 1 Dec 31 Recorded credit card sales of $1 10,000, net of processor fee of 3% Ignore Cost of Goods Sold. Loaned $12,000 to Jerry Pinket, an executive with the company, on a one-year 8% note Accrued interest revenue on the Pinket note 2017 Oct. 1 Collected the maturity value of the Pinket note Journalize all entries required for Gold Medal Running Shoes. (Record debits first then credits. Select the explanation on the last ine of the journal entry table ) OCET, ZUT. COneceu ure maurny vaiue ur uie PHIKer TOLE riepare a srgre compouru jourmat emuyy Accounts and Explanation Date Debit Credit 2017 Cash 12.960 Oct 1 Note RecelvableJerry Pinket 12,000 Interest Recelvable 240 Interest Revenue 720 Colected nore receivabie plus mtereat Gold Medal Running Shoes reports the following 2016 Jan 3 Oct 1 Dec 31 Recorded credit card sales of $1 10,000, net of processor fee of 3% Ignore Cost of Goods Sold. Loaned $12,000 to Jerry Pinket, an executive with the company, on a one-year 8% note Accrued interest revenue on the Pinket note 2017 Oct. 1 Collected the maturity value of the Pinket note Journalize all entries required for Gold Medal Running Shoes. (Record debits first then credits. Select the explanation on the last ine of the journal entry table ) OCET, ZUT. COneceu ure maurny vaiue ur uie PHIKer TOLE riepare a srgre compouru jourmat emuyy Accounts and Explanation Date Debit Credit 2017 Cash 12.960 Oct 1 Note RecelvableJerry Pinket 12,000 Interest Recelvable 240 Interest Revenue 720 Colected nore receivabie plus mtereat
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n tber 1 2016 12000 ws lned n ne yer 8 nte Hene interest revenue is t be rer... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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