E8-25

The following selected transactions occurred during 2024 and 2025 for Norwegian Importers. The company ends its accounting year on April 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.) . Feb. 1: Loaned $18,000 cash to Carl Fajar on a one-year, 10% note - X More info Date Accounts and Explanation Debit Credit 2024 Feb. 1 2024 Feb. 1 Apr. 6 Loaned $18,000 cash to Carl Fajar on a one-year, 10% note. Sold goods to Putt Pro, receiving a 90-day, 12% note for $9,000 Ignore Cost of Goods Sold. Made a single entry to accrue interest revenue on both notes. Collected the maturity value of the Putt Pro note. Apr. 30 ? 2025 Feb. 1 Collected the maturity value of the Fajar note. Print Done