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Exercise 3 continued .. b. separate example - Maturity Date Occurs in the Same Year.: Record the journal entries for the transactions on the dates

Exercise 3 continued .. b. separate example - Maturity Date Occurs in the Same Year.: Record the journal entries for the transactions on the dates below. Aug. 30, Year 7: Received from Debtor Comp., on account, $50,000,120 day, 6% NOTE RECEIVABLE dated December 28. Dec. 28, Year 7: Received payment of NOTE RECEIVABLE and INTEREST REVENUE from Debtor Company

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