Entries for notes receivable, including year-end entries Chart of Accounts Journal Instructions The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing: 20Y3 Nov. 21 Received from McKenna Outer wear Co., on account, a $48,000, 60-day, 9% note dated November 21 in settlement of a past due account. Recorded an adjusting entry for accrued interest on the note of November 21 Dec. 31 20Y4 Jan 20 Received payment of note and interest from McKenna Outer Wear Co. Journalize the entries to record the transactions. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount Journal Journalize the entries to record the transactions for the year 20Y3. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tites. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETSLIABILITIES EQUITY Journalize the entries to record the transactions for the year 20Y4. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tites. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount. Joumalize the entries to record the transactions for the year 20Y4. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tites. Assume a 360-day year when calcufating interest. Round answers to the nearest dollar amount. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY