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3. 2021 May 10 July 9 Builder's Hardware received a $21,000, 60-days, 7% note from P. Smith for a loan issued. Journalize the receipt

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3. 2021 May 10 July 9 Builder's Hardware received a $21,000, 60-days, 7% note from P. Smith for a loan issued. Journalize the receipt of the note. (3.5 pts) The note is dishonored by Smith. Journalize the entry(ies) needed to record a dishonored note. (3.5 pts) Aug 9 Received payment on P. Smith's dishonored note, charging 30 days' additional interest at the rate of 5% on the maturity value. Journalize the receipt pf

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