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E8-24 (similar to) Question Help The following selected transactions occurred during 2018 and 2019 for Siberian Importers. The company ends its accounting year on September
E8-24 (similar to) Question Help The following selected transactions occurred during 2018 and 2019 for Siberian Importers. The company ends its accounting year on September 30. (Click the icon to view the transactions.) Journalize all required entries. Make sure to determine the missing maturity date. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jul. 1: Loaned $20,000 cash to Brett Dowling on a one-year, 8% note. Date Accounts and Explanation Debit | Credit 1 More Info 2018 Jul. 1 2018 Jul. 1 Loaned $20,000 cash to Brett Dowling on a one-year, 8% note. Sep. 6 Sold goods to Lawn Masters, receiving a 90-day, 12% note for $6,000. Ignore Cost of Goods Sold. 30 Made a single entry to accrue interest revenue on both notes. ? Collected the maturity value of the Lawn Masters note. 2019 Jul. 1 Collected the maturity value of the Dowling note. Print Done
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