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ACCT2301-001 Homework: Chapter 8 Homework Score: 0.72 of 1 pt HW Score: 96 48%, 772 of 8 pts 6 of 8 (8 complete)Y Question Help

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ACCT2301-001 Homework: Chapter 8 Homework Score: 0.72 of 1 pt HW Score: 96 48%, 772 of 8 pts 6 of 8 (8 complete)Y Question Help E8-23 (similar to) On Apre 30, 2018, Symphony Bank loaned $95,000 to Katrina Read the requirement Hammon on a one-year, 6% nde Symphony's fiscal year ends on December 31. Interest Revenue 1,900 Note Receivable-Katrina Harmon Collected note receivable plus unterest Requirement 2 Which party a. note receivable b. note payahle c. interest revenue d. interest expenise Requireinent 3. Suppose tnat Katrina Harmon defauted on the note. What has a symphony Bank Katrina Haimon Symphony Bank Katrina Harmon record for the dishonored note? (Record debits first, then credits Select the explanation on the last ine of the journal entry table. Prepare a single compourd journal entry Use months for interest calculations ) Requirements 2019 Apr 30 or Bad Debts Journalze al entries tor Symahony Bank related to the note for 2018 and 2019 Which party has a a. note rscerable? h. note payable? 1. 2. To rcord dishonored note Choose from any list or enter any number in the input fields and then click Check Answor All perts showing c. nterest revenue? d. interest expense? Suppose that Katrina Harmon defauted on the note What entry would Symphony record for the dishonared note? 3. Clear All 12:49 AM 3/25/2019 ^) ort se 5 6 7 8 9

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