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can a tutor help me with my journal homework please Flush Mate Co. wholesales bathroom fixtures. During the current fiscal year, Flush Mate Co. received
can a tutor help me with my journal homework please
Flush Mate Co. wholesales bathroom fixtures. During the current fiscal year, Flush Mate Co. received the following notes: Face Date Amount Term Interest Rate 1. Mar. 6 $77,900 45 days 4% 2. Apr. 23 28,200 60 days 10% 3. July 20 37,100 120 days 7% 4. Sept. 6 56,500 90 days 6% 5. Nov. 29 26,400 60 days 6% 6. Dec. 30 71,100 30 days 4% Required: 2. Journalize the entry to record the dishonor of Note (3) on its due date. Refer to the Chart of Accounts for exact wording of account titles. JOURNAL Score: 24/37 DATE 1 DESCRIPTION POST. REF. Accounts Receiv Nov. 19 DEBIT Notes Receivable 2 CREDIT 37,966.00 37,100.00 3 3. Journalize the adjusting entry to record the accrued interest on Notes (5) and (6) on December 31. Refer to the Chart of Accounts for exact wording of account titles. JOURNAL Score: 21/25 DATE DESCRIPTION POST. REF. Dec. 31 1 DEBIT CREDIT Interest Receivab Interest Revenue 2 4. Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January. Refer to the Chart of Accounts for exact wording of account titles. All transactions on this page must be entered (except for post ref(s)) before you will receive Check My Work feedback. DATE 1 2 3 4 5 6 7 8 DATE DESCRIPTION POST. REF. DESCRIPTION POST. REF. DEBIT DEBIT CREDIT1 CREDITStep by Step Solution
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