Exercise 5-15A Record notes receivable and interest revenue (LO5-7) On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $9,700. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell & Associates on September 1 Required: For Terrell & Associates, record the acceptance of the note receivable on March 1 and the cash collection on September 1. Of no entry Is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction let Journal entry worksheet Record the acceptance of the note receivable for legal services provided. Note: Enter debits before credits General Journal Debit Credit Date March 01 Record entry Clear entry View general Journal Exercise 5-15A Record notes receivable and interest revenue (LO5-7) On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $9,700. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell & Associates on September 1. Required: For Terrell & 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 field.) View transaction list Journal entry worksheet Record the cash received on note receivable and interest Note: Enter debits before credits. Date General Journal Debit Credit September 01 Record entry Clear entry View general Journal