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Can someone fill this out Question 9 of 12 Question 9 of 12 View Policies Current Attempt in Progress Cullumber Wholesalers accepts from Gates Stores
Can someone fill this out
Question 9 of 12Question 9 of 12 View Policies Current Attempt in Progress Cullumber Wholesalers accepts from Gates Stores a $9,600, 4-month, 6% note dated May 31 in settlement of Gates' overdue account. The maturity date of the note is September 30. What entry does Cullumber make at the maturity date, assuming Gates pays the note and interest in full at that time? (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation (To record collection of Gates note and interest) Debit Credit
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