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Instructions The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of
Instructions The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.) Apr. 10, Received a $156,000, 496, 60-day note on account. May 15, Received a $266,700, 8%, 120-day note on account. June 9. Received $157,040 on note of April 10 Aug. 22. Received a $145,200, 596, 45-day note on account. Sept. 12. Received $273,812 on note of May 15. 30. Oct. 6. 18. Nov. 29. Dec. 17. Received a $184,200, 996, 60-day note on account. Received $146,108 on note of August 22. Received a Received $186,963 on note of September 30 Received $116,765 on note of October 18. 11 5,800, 590, 60-day note on account. Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year when calculating interest
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