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All of it is correct, but im not sure the bottom Carla Vista Co. has the following transactions related to notes receivable during the last
All of it is correct, but im not sure the bottom
Carla Vista Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Loaned $57,000 cash to C. Bohr on a 12-month, 6% note. Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $1,800,90-day, 5% note. 16 Received a $7,200,180-day, 9% note to settle an open account from A Murdock. 31 Accrued interest revenue on all notes receivable. Jous nalize the transactiom for Carla Yista Co. (Omit cost of gcods sold entries.) (List all debit entries before credit entriec. Credit account Uie 3so dop for calculation. W no entry is required, select "Wo Entry" for the acceunt ticles and enter ofor the amounts) Step by Step Solution
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