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Assume that General Mills Canada, famous for Cheation, Chex snacks and Yoplait yogurt completed the following selected transaction (Click the icon to see the transactions.)

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Assume that General Mills Canada, famous for Cheation, Chex snacks and Yoplait yogurt completed the following selected transaction (Click the icon to see the transactions.) Requirements 1. Record the transactions in General Malo's journal Round Interest amounts to the nearest dollar. Explanations are not required 2. Show what General Mila's will report on its comparativo classified balance sheet at December 31, 2019, and December 31, 2020 Requirement 1. Record the transactions in General Mills's Journal Round interest amounts to the nearest dollar (Record debits first, then credits. Explanations are not required) November 30, 2019: Sold goods to Sekma Inc receiving a $50,000 three-month 5.75% note Journal Entry Date Accounts Debit Credit 2019 Nov 30 i Transactions 2019 Nov. 30 Sold goods to Sekma Inc., receiving a $50,000, three-month, 5.75% note. 31 Made an adjusting entry to accrue interest on the Sekma note. Dec 2020 Feb Mar. 28 Collected the Sekma note 1 Received a 90-day. 8.5%, 56,600 note from Lave Joli Gout on account. 1 Sold the Lave note to Coco Bank, receiving cash of $6,500. 16 Loaned $15,800 cash to Buzy Brands, receiving a 90-day, 8.25% note. 31 Accrued the interest on the Buzy Brands note Dec

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