Entries for receipt and dishonor of note receivable Obj. 6 Journalize the following transactions of Trapper Jons
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Entries for receipt and dishonor of note receivable Obj. 6 Journalize the following transactions of Trapper Jon’s Productions:
June 23. Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account.
Sept. 21. The note is dishonored by Radon Express Co.
Oct. 21. Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express Co. on September 21.
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Related Book For 
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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