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Healthy Meals completed the following selected transactions. (Click here to see the transactions.) Read the requirements. 1. Record the transactions in Healthy Meals' journal. Assume
Healthy Meals completed the following selected transactions. (Click here to see the transactions.) Read the requirements. 1. Record the transactions in Healthy Meals' journal. Assume that no sales returns are expected. Round all amounts to the nearest dollar. Explanations are not required. 2. Show what Healthy Meals will report on its comparative classified balance sheet at December 31, 2022, and December 31, 2021, for Notes Receivable and Interest Receivable. 2021 Oct 31 Sold goods to Bragg Market, receiving a $31,000, three-month, 5.75% note. (You do not need to make the cost of goods sold journal entry for this transaction.) 31 Made an adjusting entry to accrue interest on the Bragg Market note. Dec 2022 Jan 31 Collected the Bragg Market note. do not need to make the cost of goods sold journal entry for this transaction.) 31 Made an adjusting entry to accrue interest on the Bragg Market note. Dec 2022 Jan Nov 31 Collected the Bragg Market note. 11 Loaned $15,200 cash to Sauble Co., receiving a 90-day, 9.00% note. 31 Accrued the interest on the Sauble Co. note. Dec
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