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3.25 points) Prepare journal entries to record the following transactions for the Feuthers Company 11/1/20 Accepted a 56,000, 180-day, 8% from Fred Brown in granting

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3.25 points) Prepare journal entries to record the following transactions for the Feuthers Company 11/1/20 Accepted a 56,000, 180-day, 8% from Fred Brown in granting a time extension on his past-due account receivable 12/31/20 Adjusted the year-end accounts for the accrued interest earned on the Brown note 4/30/21 Brown honored his note when presented for payment, DATE GENERAL JOURNAL DEBIT CREDIT

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