Entries for notes receivable, including year-end entries Instructions Chart of Accounts Journal Instructions The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing: 20Y3 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. Nov. 21 Dec. 20Y4 Jan. 31 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 Acconts for wording of account titles. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount JOURNAL ACCOUNTING EQU DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES 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 wording of account titles. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount. 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 wording of account titles. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount JOURNAL ACCOUNTING EQ DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES