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In - Class Question 1 Peanuts Company has the following transactions related to notes receivable during the year: Jan. 1 Loaned $ 1 5 ,
InClass Question
Peanuts Company has the following transactions related to notes receivable during the year:
Jan. Loaned $ cash to Lucy on a year, note.
July Sold goods to Charlie, receiving a $year, note.
Nov. Received an $month, note to settle an open account from Snoopy.
Dec. Accrued interest revenue on all notes receivable.
Instructions: Journalize the transactions for Peanuts Company.
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