HW Score: 19 2%, 2.88 P8-32A (book/static) Question Help Consider the following transactions for Jo Jo Music (Click the icon to view the transactions.) Journalize all transactions for Jo Jo Music Round all amounts to the nearest dollar. (For notes stated in days, use a 360-day year) (Round your final answers to the nearest whole dollar. Record debits first then credits. Exclude explanations from ouma entries More Info Dec. 6: Received a $9,000,99 - Date 2016 Dec. 6 2016 Dec 6 Received a $9,000, 90-day, 12% note in settlement of an overdue accounts receivable from Concord Sounds 31 Made an adjusting entry to accrue interest on the Concord Sounds note 31 Made a closing entry for interest revenue 2017 Mar 6 Collected the maturity value of the Concord Sounds note. Jun 30 Loaned $11.000 cash to Main Street Music receiving a six-month, 12% note Oct 2 Received a 59,000, 60-day 12% note for a sale to Salem Sounds. Ignore Cost of Goods Sold Dec. 1 Salem Sounds dishonored its note at maturity 1 Wrote off the receivable associated with Salem Sounds (Use the allowance method.) 30 Collected the maturity value of the Main Street Music note Choose from any list or enter 8 pars remaining Check Answer ORA HW Score: 19 2%, 288 of BA (book/static) At September 30, 2016, the accounts of Park Terrace Medical Center (PTMC) include the following More Info Accounts Receivable Allowance for Bad Debts (or Ques During the last quarter of 2016, PTMC completed the following selected -X Requirement 1. Journalize Dec 28: Wrote off accounts Dec. 28 Wrote off accounts receivable as uncollectible: Silver, Co., 51,200, Oscar Wells, $1.000, and Rain, Inc. $600 31 Recorded bad debts expense based on the aging of accounts receivable, as follows Date Ad 2016 Dec. 28 Accounts Receivable Estimated percent uncollectible Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days $ 103,000 $ 41,000 $ 13.000 $ 6,000 0.3% 3% 30% 35% Print Done Choose from any list or en 3 parts Print Done remaining Check Answer e to search a 99+