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Entries for Notes Recelvable, Including Year-End Entries The following selected transactions were completed by Interlocking Devices Co., a suppller of zippers for clothing: 20Y7 Dec.
Entries for Notes Recelvable, Including Year-End Entries The following selected transactions were completed by Interlocking Devices Co., a suppller of zippers for clothing: 20Y7 Dec. 7. Received from Unitarian Clothing and Bags Co., on account, a $84,000,60-day, 9% note dated December 7. Dec. 31. Recorded an adjusting entry for accrued interest on the note of 7. Dec. 31. Recorded the closing entry for interest revenue. 20Y8 Feb. 5. 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 t Coest the wer The but date is the dete the thite in ais the paid. 14 tha due date. the cempany teosids tha retept of peymest on the nted
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