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III Instruction Journalize the following transactions of Upton Drugs 8 Transactions: July Received a $180,000 90 day, 8% note dated July from Miracle Chemicat on

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III Instruction Journalize the following transactions of Upton Drugs 8 Transactions: July Received a $180,000 90 day, 8% note dated July from Miracle Chemicat on account Oct 6 The note is dishonored by Miracle Chemical Nov 5 Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Mrade Chemical on Oct 6 Required: Journal to the above transactions Refer to the Chart of Accounts for exact wording of accountries Assume a 360-day year we calculating interest

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