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ACC 201 Practice Problems for Final Exam 4. North Shore Company had the following select receivable transactions. 201 12/21 Accepted a $40,000,60-day, 9% note from

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ACC 201 Practice Problems for Final Exam 4. North Shore Company had the following select receivable transactions. 201 12/21 Accepted a $40,000,60-day, 9% note from R. Zhang for a sale. 12/31 Accrued interest on R. Zhang note. 202 2/19 Collected amount due on R. Zhang note plus interest. Instructions Prepare journal entries to record the transactions above (use 360 days to calculate interest and round to nearest dollar.]

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