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Current Attemptin Progress Novak Corp. has the following transactions related to notes receivable during the last 2 months of the year. The company does not

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Current Attemptin Progress Novak Corp. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Dec. 11 Loaned $72,000 cash to C. Bohr on a 12-month, 11% note. Sold goods to K. R. Pine, Inc., receiving a $3,150, 90-day, 8% note. Received a $12,000, 180-day, 9% note to settle an open account from A Murdock Accrued interest revenue on all notes receivable. 16 31 Journalize the transactions for Novak Corp. (Omit cost of goods sold 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 entero for the amounts. Use 360 days for calculation. Round intermediate calculations to 5 decimal places, c.8. 15.25127 and final answers to 0 decimal places, e.g. 5,275.) Date Account Tides and Explanation Debit Credit Date Account Titles and Explanation Debit Credit + e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Suve for Later

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