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Following are transactions of The Barnett Company: 2023 Dec. 16 Accepted a $23,100,60-day, 5$ note dated this day in granting Carmel Karuthers a time extension

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Following are transactions of The Barnett Company: 2023 Dec. 16 Accepted a $23,100,60-day, 5$ note dated this day in granting Carmel Karuthers a time extension on her past-due account. Dec. 31 Made an adjusting entry to record the accrued interest on the Karuthers note: Dec. 31 Closed the Interest incone account. 2024 Feb. 14 Received Karuthers' payment for the principal and interest on the note dated December 16. Mar. 2 Accepted an $9,090, 44 , 90 -day note dated this day in granting a time extension on the past-due account of ATW Company. Mar. 17 Accepted a 54,20e,3eday,4,58 note dated this day in granting Leroy Johnson a time extension on his past-due account. May 31 Received ATWs payment for the principal and interest on the note dated March: 2. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year, Round your answers to 2 decimal places.) Prepare journal enties to record th4 Benneft Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal places.) Inirnal antru uxin-bohnot Prepare joumal enties to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decima places.) May 31 Received ATK's payment for the principal and interest on the note dated March 2. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decim places.) May 31 Recelved ATW's payment for the principal and interest on the note dated March 2. Prepdre journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to placery Prepare journal entiles to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal places. Journal entry worksheet 314578 Record the 30 -day, 4,5% note to replace past-due account. Notei Enter debits before dedas. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal pleces.) Hay 31 Aecelved An's paysent for the principal and anterest on the note dated March 2. Prepare jourtal entrles to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal placesi) Following are transactions of The Barnett Company: 2023 Dec. 16 Accepted a $23,100,60-day, 5$ note dated this day in granting Carmel Karuthers a time extension on her past-due account. Dec. 31 Made an adjusting entry to record the accrued interest on the Karuthers note: Dec. 31 Closed the Interest incone account. 2024 Feb. 14 Received Karuthers' payment for the principal and interest on the note dated December 16. Mar. 2 Accepted an $9,090, 44 , 90 -day note dated this day in granting a time extension on the past-due account of ATW Company. Mar. 17 Accepted a 54,20e,3eday,4,58 note dated this day in granting Leroy Johnson a time extension on his past-due account. May 31 Received ATWs payment for the principal and interest on the note dated March: 2. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year, Round your answers to 2 decimal places.) Prepare journal enties to record th4 Benneft Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal places.) Inirnal antru uxin-bohnot Prepare joumal enties to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decima places.) May 31 Received ATK's payment for the principal and interest on the note dated March 2. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decim places.) May 31 Recelved ATW's payment for the principal and interest on the note dated March 2. Prepdre journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to placery Prepare journal entiles to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal places. Journal entry worksheet 314578 Record the 30 -day, 4,5% note to replace past-due account. Notei Enter debits before dedas. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal pleces.) Hay 31 Aecelved An's paysent for the principal and anterest on the note dated March 2. Prepare jourtal entrles to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal placesi)

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