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Current Attempt in Progress ( To record sales ) ( To record cost of merchandise sold ) ( To record sales ) ] ( To
Current Attempt in Progress To record sales To record cost of merchandise soldTo record sales To record cost of merchandise sold Oak Ridge Supply Corp. has the following selected transactions for notes receivable. Nov. Lent $ cash to Bouchard on a oneyear, note. Dec. Sold goods to Wright Inc., receiving a twomonth, $ note. Interest is due at maturity. The goods cost $ Received a sixmonth, $ note in exchange for an account from Aquilina Corporation. Interest is due at maturity. Feb. Collected the amount owing on the Wright note. Accrued interest on all notes receivable at year end. Assume that interest is calculated to the nearest half month. Record the above transactions for Oak Ridge Supply Corp. List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Record entries in the order displayed in the problem statement. Do not round intermediate calculations. Round answers to the nearest whole dollar, eg
Current Attempt in Progress To record sales
To record cost of merchandise soldTo record sales
To record cost of merchandise sold
Oak Ridge Supply Corp. has the following selected transactions for notes receivable.
Nov. Lent $ cash to Bouchard on a oneyear, note.
Dec. Sold goods to Wright Inc., receiving a twomonth, $ note. Interest is due at maturity. The goods cost
$
Received a sixmonth, $ note in exchange for an account from Aquilina Corporation. Interest is due at
maturity.
Feb. Collected the amount owing on the Wright note.
Accrued interest on all notes receivable at year end. Assume that interest is calculated to the nearest half month.
Record the above transactions for Oak Ridge Supply Corp. List all debit entries before credit entries. Credit account titles are automatically
indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the
amounts. Record entries in the order displayed in the problem statement. Do not round intermediate calculations. Round answers to the nearest
whole dollar, eg
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