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Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Interlocking Devices Co, a supplier of zippers for clothing 2017 Dec.

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Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Interlocking Devices Co, a supplier of zippers for clothing 2017 Dec. 10. Received from Unitarian Clothing & Bags Co., on account, a $96,000, 90-day, 8 % note dated December 10 Dec. 31. Recorded an adjusting entry for accrued interest on the note of December 10. Recorded the closing entry for interest revenue. Dec, 31. 2018 Mar. 10. Received payment of note and interest from Unitarian Clothing & Bags Co. Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank. Assume February has 28 days in 2018 If required, round the interest to the nearest cent. Notes Receivable 2017, Dec. 10 96,000 Accounts Receivable-Unitarian Clothing and Bags Co. 96.000 2017, Dec. 31-Adsusting Interest Receivable Interest Revenue Interest Revenue 2017, Dec. 31-Closing Income Summary Cash 2018, Mar, 10 eBook Show Me How Calculator Print Item Recorded an adjusting entry for accrued interest on the note of December 10, Dec. 31. Dec. 31. Recorded the closing entry for interest revenue. 2018 Mar. 10. Received payment of note and interest from Unitarian Clothing & Bags Co. Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank. Assume February If required, round the interest to the nearest cent. Notes Receivable 2017, Dec. 10 96.000 Accounts Recelvable-Unitarian Clothing and Bags Co. 96.000 2017, Dec. 31-Adjusting Interest Receivable Interest Revenue Interest Revenue 2017, Dec. 31-Closing Income Summary Cash 2018, Mar. 10 Notes Receivable Interest Recelvable Interest Revenue V

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