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If you could please answer all parts and explain how you got your answers that would be great! Required information (The following information applies to
If you could please answer all parts and explain how you got your answers that would be great!
Required information (The following information applies to the questions displayed below.) Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $46,800, and the interest rate of the notes averaged 9.5%. b-3. Prepare a journal entry to show the collection of this amount. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 > Record the cash collection of interest receivable on short-term notes. Note: Enter debits before credits. General Journal Debit Credit Event 1 Record entry Clear entry View general journal Required information (The following information applies to the questions displayed below.] Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $46,800, and the interest rate of the notes averaged 9.5%. b-2. Prepare a horizontal model to show the collection of this amount. (Use amounts with + for increases and amounts with - for decreases) Income Statement Balance Sheet Liabilities Assets Stockholder's Equity Net Income Revenues ExpensesStep by Step Solution
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