$($a$)$

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Journalize the transactions for Splish Supply Co$.($Ignore entries for cost of goods sold.$)($Credit account titles are automatically

indented when amount is entered. Do not indent manually. Use $360$ days for calculation. Round answers to O decimal places, e$.$g$.5,275.$

Record journal entries in the order presented in the problem.$)$

Cash

Notes Receivable

Sales Revenue

Notes Receivable

$30720$

Accounts Receivable

Interest Receivable

Interest Revenue$($b$)$

Record the collection of the Lopez note at its maturity in $2023.($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

Debit

Credit

Nov. $1$

Cash

$20,460$

Notes Receivable

Interest Receivable

Interest Receivable