im not sure how to do this part i need help.
Saved 3 ULUIVI AIgo) - Daseu on problem -SA LULL, LJ, 74 The following selected transactions are from King Company 0 oints Year 1 December 16 Accepted a $13,200, 60-day, 128 note in granting Jean Clark a tine extension on his past-dur account receivable. December 31 Made an adjusting entry to record the accrued interest on the Clark note. eBook References Year 2 February 14 Received Clark's payment of principal and interest on the note dated December 16. March 2 Accepted a $7,000, 61, 90-day note in granting a time extension on the past due account receivable from Walker Company March 17 Accepted a $18,000, 30-day, 75 note in granting Juan Perex a tine extension on her past-due account receivable. April 16 Perez dishonored her note. 31 Walker Company dishonored its note. August 7 Accepted a $16,000, 90-day, 61 note in granting a time extension on the past-due account receivable of Taylor Company September 3 Accepted a $17,400, 60-day, 108 note in granting Tony Turner a time extension on his past-due account receivable. November 2 Received payment of principal plus interest from Turner for the September 3 note. November 5 Received payment of principal plus interest from Taylor for the August 7 note. December 1 wrote off the Perez account against the Allowance for Doubtful Accounts. Requirement General Journal General Ledger Trial Balance Schedule of Calculation of Receivables Interest Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the "Calculation of Interest" tab to ensure the accuracy of your entries. View transaction list ems - Chapter 7 Saved ovember 5 Received payment of principal plus interest from Taylor for the August ecember 1 Wrote off the Perez account against the Allowance for Doubtful Account General equirement General Journal Trial Balance Schedule of Calculation of Ledger Receivables Interest repare the journal entries related to notes receivable and accounts receivable. Hint: nsure the accuracy of your entries. View transaction list Journal entry worksheet February 14 Received Clark's payment of principal and interest on the $13,200, 60-day, 12% note dated December 16. The King Company does not prepare reversing entries. Verify the amount of interest using the "CALCULATION OF INTEREST" tab. Note: Enter debits before credits. Date Debit Credit February 14 General Journal interest revenue Interest receivable Notes receivable - J. Clark 13,200 13,200 Bacard.anto Clozanta Viewonnera lioural Date March 17 General Journal Notes receivable - J. Perez Accounts receivable - J. Perez Debit Credit 18,000 18,000 condentro Clasanta Moural G Search or type URL rest from Taylor for the August 7 no against the Allowance for Doubtful Accounts. Requirement General Journal General Ledger Trial Balance Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the ensure the accuracy of your entries. Schedule of Receivables Calculation of Interest View transaction list Journal entry worksheet Note: Enter debits before credits Date April 16 General Journal Accounts receivable - J. Perez Notes receivable - J. Perez Debit Credit Pacordate Cloronto Lentium G Search or type URL 3 cest from Taylor for the August Ccount against the Allowance for Doubtful Accounts Requirement General Journal General Ledger Trial Balance Prepare the journal entries related to notes receivable and accounts receivable. Hint: Us ensure the accuracy of your entries. Schedule of Calculation of Receivables Interest View transaction list Journal entry worksheet G Search or type URL rom Tay the Allowance for eneral General Trial Balance Schedule of Calcu Journal Ledger Receivables Inc Prepare the journal entries related to notes receivable and accounts ensure the accuracy of your entries. #S View transaction list Journal entry worksheet the journal entries related to notes receivable and accounts receivabr ensure the accuracy of your entries. Ledger Trial Balance Receivables View transaction list Interest Journal entry worksheet Requirement Journal Ledger Trial Balance Receivables Prepare the journal entries related to notes receivable and accounts receivable. Hin ensure the accuracy of your entries. Interest View transaction list Journal entry worksheet C G Search on
