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3 005821 Samberg Incorporated had the following transactions. a. October 1 - Sold $23,500 of merchandise on account, 2/10, n/30 to McCormick Industries. b.
3 005821 Samberg Incorporated had the following transactions. a. October 1 - Sold $23,500 of merchandise on account, 2/10, n/30 to McCormick Industries. b. November 1- Received a $23,500, 90-day, 10% note from McCormick Industries to settle its $23,500 unpaid balance. c. December 31 - Accrued interest on the note. (Round your answer to the nearest whole dollar amount.) d. January 31 - Received the interest on the note's maturity date. e. January 31 - Received the principal on the note's maturity date. (Round your answer to the nearest whole dollar amount.) Required:
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