Journalize the following transactions of Frankenstein Productions: May 3. Received a $150,000, 120-day, 6% note dated May
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May 3. Received a $150,000, 120-day, 6% note dated May 3 from Sunrider Co. on account.
Aug. 31. The note is dishonored by Sunrider Co.
Oct. 30. Received the amount due on the dishonored note plus interest for 60 days at 9% on the total amount charged to Sunrider Co. on August 31.
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May 3 Notes Receivable 150000 Accounts Receivable x Sunrider Co ...View the full answer
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