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Requirements 1. Record the transactions in Quick Meal's journal. Round interest amounts to the nearest dollar. Explanations are not required 2. Show what Quick Meal's will report on its comparative classified balance sheet at December 31, 2016, and December 31, 2017 Requirement 1. Record the transactions in Quick Meal's joumal. Round interest amounts to the nearest dollar. (Record debits first, then credits. Explanations are not required.) Nov 30. Sold goods to Sally's Inc., receiving a $32,000, three-month, 5.5% note, Journal Entry Date Accounts Debit Credit 2016 Nov 30 Transactions 2016 Nov. 30 Sold goods to Sally's Inc., receiving a $32,000, three-month, 5.5% note. Made an adjusting entry to accrue interest on the Sally's note. Dec. 31 2017 Feb. 28 Mar Collected the Sally's note. Received a 90-day, 5%, $6,700 note from Leon Joli Gout on account. Sold the Leon note to Carl Bank, receiving cash of $6,600. Loaned $25,000 cash to Btreet Provisions, receiving a 90-day, 8.5% note. Accrued the interest on the Btreet Provisions note. Dec. 16 31 Print Done