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BlueFamily Importers sold goods to Tung Decorators for $40,200on November 1, 2020, accepting Tung's $40,200,6-month,5% note. PrepareBlue's November 1 entry, December 31 annual adjusting entry,

BlueFamily Importers sold goods to Tung Decorators for $40,200on November 1, 2020, accepting Tung's $40,200,6-month,5% note.

PrepareBlue's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest

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