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ebook Notes Receivable Entries Print licht The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes
ebook Notes Receivable Entries Print licht The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes are dated as of the day they are received.) Assume 360 days year. Mar. B. 31. May 7, 16. June 11. 29. Received a $78,000, 6%, 60-day note on account. Received a $21,600, 7 %, 90-day note on account. Received $78,780 on note of March 8. Received a $61,200, 8%, 90-day note on account. Received a $18,000, 9%, 30-day note on account. Received $21,978 on note of March 31. July 26. Received $18,135 on note of June 11. Aug. 4. Received a $13,200, 10%, 30-day note on account. 14. Received $62,424 on note of May 16. Required: Dec. 2. Received $13,310 on note of August 4, Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. Mar. B Mar. 31
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