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Accounting 1A Class Assignment Chapter 8 -Receivables The following selected transactions were completed by Zippy Do Co., a supplier of zippers for clothing: 2019 Dec.
Accounting 1A Class Assignment Chapter 8 -Receivables The following selected transactions were completed by Zippy Do Co., a supplier of zippers for clothing: 2019 Dec. 3 Received from Chicago Clothing & Bags Co., on account, a $36,000, 90-day, 6% note dated December 3. 2020 31 Recorded an adjusting entry for accrued interest on the note of December 3. Recorded the closing entry for interest revenue. 31 Mar. 2 Received payment of note and interest from Chicago Clothing & Bags Co. Journalize the entries to record the transactions. If no entry is required, simply skip to the next transaction. Be sure to include the year in the date for the entries
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