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7 Required: 0.09 points Skipped 1. Record the acceptance of the note on December 1, 2024. 2. Record the adjusting entry for interest revenue
7 Required: 0.09 points Skipped 1. Record the acceptance of the note on December 1, 2024. 2. Record the adjusting entry for interest revenue on December 31 for 2024, 2025, and 2026, and the collection of annual interest on December 1, 2025 and 2026. 3. Record the cash collection on December 1, 2027. Prepare the journal entries for the above transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list eBook Print References Journal entry worksheet 1 2 3 4567 Record the adjusting entry for interest as of December 31, 2024. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal
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