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14 QS 7-15 (Algo) Note receivable interest and maturity LO P4 Saved On December 1, Daw Company accepts a $44,000, 45-day, 12% note from

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14 QS 7-15 (Algo) Note receivable interest and maturity LO P4 Saved On December 1, Daw Company accepts a $44,000, 45-day, 12% note from a customer. ts (1) Prepare the year-end adjusting entry to record accrued interest revenue on December 31. (2) Prepare the entry required on the note's maturity date assuming it is honored. (Use 360 days a year.) eBook View transaction list Hint Journal entry worksheet < 1 2 erences Record the year-end adjustment related to this note, if any. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal

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