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Johnson Distributors has the following transactions related to notes receivable during the last two months of the year. Dec. 1 Loaned $19,000 cash to K.Perry
Johnson Distributors has the following transactions related to notes receivable during the last two months of the year. Dec. 1 Loaned $19,000 cash to K.Perry ona 1-year, 6% note. 16 Sold goods to L. Bryan, receiving a $5,100,60-day, 8% note. 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Johnson Distributors. Omit cost of goods sold entries. (Credit account titles are outomatically indented when the amount is entered. Do not pdent manually. List all debit entries before credit entries. If no entry is required, select " No Entry" for the occount titles and enter 0 for the amounts.)
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