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Homework: Graded MAL HW #7 [Ch. 8 & Ch. 11] Summer 2019 Save Score: 5.43 of 19 pts 11 of 16 (11 complete) HW Score:
Homework: Graded MAL HW #7 [Ch. 8 & Ch. 11] Summer 2019 Save Score: 5.43 of 19 pts 11 of 16 (11 complete) HW Score: 50.796, 103.43 of 204 pts 5E8-24 (open response) Question Help The following selected transactions occurred during 2018 and 2019 for Caribbean Importers. The company ends its accounting year on April 30 (Click the icon to view the transactions.) Journalize all required entrles. Make sure to determine the missing maturity date.(Record deblts first, then credits. Select the explanation on the last line of the joumal entry table. Check your spelling carefully and do not abbreviate. When entering the receivable accounts, enter the customer name exactly as it is presented in the problem data. For example: Note Receivable Sam Johnson.) Accepted note in exchangs for cash. More Info Apr. 6: Sold goods to Park Pro, receiving a 90-day, 9% note for $13,000. Ignore Cost of Goods Sold. Date Debit Accounts and Explanation Credit 2018 2018 Feb. Loaned $1 1,000 cash to Brandy Tall on a one-year, 10% note Sold goods to Park Pro, receiving a 90-day, 9% note for $13,000. Ignore Cost of Goods Sold 30 1 Notes Recelvable- Park Pro. Apr. 6 13,000 Apr. 6 Sales Revenue 13,000 Made a single entry to accrue interest revenue on both notes. ? Collected the maturity value of the Park Pro note 2019 Feb. 1 Collected the ty value of the Tell note Sold goods for a note. Apr. 30: Made a single entry to accrue interest revenue on bolh notes. Use months for the one-year note in rest cent) PrintDone Date Accounts and Explanation Debit Credit 2018 Apr. 30 Interest Receivable Interest Revenue Accrued interest revenue. Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check
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