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10. In the journal provided, prepare entries for the following (assume 360 day interest period): Omit explanations. Show ALL interest calculations. Dec. 1 Received a
10. In the journal provided, prepare entries for the following (assume 360 day interest period): Omit explanations. Show ALL interest calculations. Dec. 1 Received a three-month, 15 percent note receivable for $3,920 from a customer as Mar. 1 Received full payment on the note. an extension of his past-due account. 31 Made the year-end adjustment for accrued interest. General Journal Description Page l Date Post. Debit Credit Ref
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