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dollar value of the cost of goods sold during November? Problem V - Notes Receivable (15 points) Instructions Prepare journal entries to record the following
dollar value of the cost of goods sold during November? Problem V - Notes Receivable (15 points) Instructions Prepare journal entries to record the following events: Jul. 1 TL Company accepted a 8%, 4-month, $10,000 note dated July I from TH Company for the balance due on TL's account Jul. 31 TL accrued interest on the above note for the month of July, Oct. I Collected TH Company note in full. Assiime interest was corre:tly accrued on Augus: 31 and September 30 Det. Assume instead that the note is dishonored and that no interest has been accrued. TH Company is expected to eventually pay the amount owed rob
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