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2019 Nov. 30 Sold goods to Salfon Inc., receiving a $30,000, three-month, 5.75% note. Made an adjusting entry to accrue interest on the Salfon note.

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2019 Nov. 30 Sold goods to Salfon Inc., receiving a $30,000, three-month, 5.75% note. Made an adjusting entry to accrue interest on the Salfon note. Dec. 31 2020 Feb. 28 Collected the Salfon note. Mar. 1 1 Received a 90-day, 8.25%, $7.800 note from Lale Joli Got on account Sold the Lale note to Claire Bank, receiving cash of $7.700. Loaned $15,400 cash to Btrathroy Provisions, receiving a 90-day. 9.25% note. Accrued the interest on the Btrathroy Provisions note Dec 16 31 Requirements 1. Record the transactions in General Mills's journal. Round interest amounts to the nearest dollar. Explanations are not required, 2. Show what General Mills's will report on its comparative classified balance sheet at December 31, 2019, and December 31, 2020. Requirement 1. Record the transactions in General Mills's journal. Round interest amounts to the nearest dollar. (Record debits first, then credits. Explanations are not required.) November 30, 2019 Sold goods to Salfon Inc, receiving a $30,000, three-month, 5.75% note Journal Entry Date Accounts Debit Credit 2019 Nov 30

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