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9.- 10.- 9 On May 1, 2021 a company lends $170,000 to one of its main suppliers and accepts a 12 month 9% note Record
9.- 10.- 9 On May 1, 2021 a company lends $170,000 to one of its main suppliers and accepts a 12 month 9% note Record the acceptance of the note on May 1, 2021, the adjustment on December 31, 2021 and the cash collection on May 1, 2022 0 no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Do not round Intermediate calculations. Round your final answers to the nearest whole dolar) View transaction list Journal entry worksheet 2 3 Record the acceptance of the note receivable. Note: Enter debits before credits Debit Credit Date General Journal On April 1, 2021, a company loans one of its suppliers $54,000 and accepts a 28-month, 11% note receivable Calculate the amount of interest revenue the company will recognize in 2021 2022 and 2023. (Do not round Intermediate calculations, Round your final answers to the nearest whole dollar.) 2021 2022 2023 Amount of interest revenue
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