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Entries for note collected by bank Instructions Chart of Accounts Journal Instructions Accompanying a bank statement for Santee Company is a credit memo for $21,600

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Entries for note collected by bank Instructions Chart of Accounts Journal Instructions Accompanying a bank statement for Santee Company is a credit memo for $21,600 representing the principal ($20,000) and interest ($1,600) on a note that had been collected by the bank. The company had been notified by the bank at the time of the collection but had made no entries. On March 1, journalize the entry that should be made by the company to bring the accouiting records up to date. Refer to the Chart of Accounts for exact wording of account titles. Instructions Journal On March 1. journalize the entry that should be made by the company to bring the accounting records up to date. Refer to the Chart of Acco I PAGE 1 JOURNAL DATE DESCRIPTION POST REF DEBIT CREDIT 2 Check My Work 1 more Check My Work uses remaining

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