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Consider the following transactions for Beds Eye Mutic (1) (Click the icon to viow the fransactions) Journalize all transacions for Birds Eye Mosk. Roond at

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Consider the following transactions for Beds Eye Mutic (1) (Click the icon to viow the fransactions) Journalize all transacions for Birds Eye Mosk. Roond at amounts fo the nearest dollar. (For notes stated in doys use a 365 day year Pound your final answers to the nearest whole dollar Pecord debits frat, then crectits. Exclude explanabions from (oumal ectries.) Dec. 5: Recelved a $6,000,90-day. 8% note in sermement of an overdue accounts toceivable from AVC Company. Dec 31. Made af adiusting entry to accrue interest an the AVC Company note. Doc.31. Mado a closing entry for interest reverue. Mar. 6 Colected the maturity value of the AVC Compary note (Prepare a single compound foumat entry) Jun 30: Loaned 510,000 cash fo Love Joy Music, receivhag a sle inonth, 1by note Oct. 2. Received a $1,000,60-day, 18% note for a sale to Salem Sounds Ignore Cost of Goods Sold. Dec. 1: Salem Sounds dishonored its note at maturity (Prepare a single compound journal entry.) Dec 1: Wrote off the receivable associated with Salem Sounds. (Use the allowance method) More info

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