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Instructions Journal Joumalize the above transactions in the accounts of Missoun Gaming Co., which operates a niverboat casino. Refer to the Chart of Accounts for

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Instructions Journal Joumalize the above transactions in the accounts of Missoun Gaming Co., which operates a niverboat casino. Refer to the Chart of Accounts for exact wording of account titles. Assume a 3 day year PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 I Previous Next Check My Work Entries for receipt and dishonor of notes receivable Instructions Chart of Accounts Journal Instructions Mar. 29 Received a $30,000, 60-day, 5% note dated March 29 from Karie Platt on account Apr. 30 Received a $24,000 60-day, 8% note dated April 30 from Jon Kelly on account. May 28 The note dated March 29 from Karie Platt is dishonored, and the customer's account is charged for the note, including interest. June 29 The note dated April 30 from Jon Kelly is dishonored, and the customer's account is charged for the note, including interest. Aug 26 Cash is received for the amount due on the dishonored note dated March 29 plus interest for 90 days at 8% on the total amount debited to Karie Platt on May 28. Oct. 22 Wrote off against the allowance account the amount charged to Jon Kelly on June 29 for the dishonored note dated April 30. Instructions Journal Joumalize the above transactions in the accounts of Missoun Gaming Co., which operates a niverboat casino. Refer to the Chart of Accounts for exact wording of account titles. Assume a 3 day year PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 I Previous Next Check My Work Entries for receipt and dishonor of notes receivable Instructions Chart of Accounts Journal Instructions Mar. 29 Received a $30,000, 60-day, 5% note dated March 29 from Karie Platt on account Apr. 30 Received a $24,000 60-day, 8% note dated April 30 from Jon Kelly on account. May 28 The note dated March 29 from Karie Platt is dishonored, and the customer's account is charged for the note, including interest. June 29 The note dated April 30 from Jon Kelly is dishonored, and the customer's account is charged for the note, including interest. Aug 26 Cash is received for the amount due on the dishonored note dated March 29 plus interest for 90 days at 8% on the total amount debited to Karie Platt on May 28. Oct. 22 Wrote off against the allowance account the amount charged to Jon Kelly on June 29 for the dishonored note dated April 30

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