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Instructions The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 2017 Dec. 7 Received from Unitarian Clothing &

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Instructions The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 2017 Dec. 7 Received from Unitarian Clothing & Bags Co., on account, a $75,000, 60-day, 3% note dated December 7. 31 Recorded an adjusting entry for accrued interest on the note of December 7. 31 Recorded the closing entry for interest revenue. 20Y8 Feb. 5 Received payment of note and interest from Unitarian Clothing & Bags Co. Journalize the entries to record the transactions. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. In Chart of Accounts Th CHART OF ACCOUNTS Interlocking Devices Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable-Unitarian Clothing & Bags Co. 129 Allowance for Doubtful Accounts EXPENSES 131 Interest Receivable 510 Cost of Merchandise Sold Jo 132 Notes Receivable 520 Sales Salaries Expense a 141 Merchandise Inventory 145 Office Supplies 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 146 Store Supplies 151 Prepaid Insurance 181 Land 529 Selling Expenses 191 Store Equipment 530 Office Salaries Expense 192 Accumulated Depreciation Store Equipment 531 Rent Expense 181 Land 529 Selling Expenses 191 Store Equipment 530 Office Salaries Expense 192 Accumulated Depreciation-Store Equipment 531 Rent Expense 193 Office Equipment 532 Depreciation Expense-Office Equipment 194 Accumulated Depreciation Office Equipment 533 Insurance Expense 534 Office Supplies Expense LIABILITIES 535 Store Supplies Expense 210 Accounts Payable 536 Credit Card Expense 211 Salaries Payable 537 Cash Short and Over 213 Sales Tax Payable 538 Bad Debt Expense 214 Interest Payable 539 Miscellaneous Expense 215 Notes Payable 710 Interest Expense EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends In Chart of Accounts Journal X Journalize the entries to record the transactions for the year 2017. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 2 3 4 5 6 Journalize the entries to record the transactions for the year 2018. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. Journalize the entries to record the transactions for the year 20Y8. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4

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