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Exercise 5-15 (Algo) Record notes receivable and interest revenue (LO5-7) On March 1, Terrell 8 Associotes provides legal services to Whole Grain Bokery regording same

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Exercise 5-15 (Algo) Record notes receivable and interest revenue (LO5-7) On March 1, Terrell 8 Associotes provides legal services to Whole Grain Bokery regording same recent food poisoning complaints legat fiervices total $10,200 in payment for the services. Whole Groin Bakery signs a 8% note requiring the payment of the face amount and interest to Terrell \& Associates on September 1 Requited: For Fertel \& Associates, record the acceptance of the note receivable on March 1 and the cash collection on September 1 (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fieid.)

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