journal entries

On December 1, Daw Company accepts a $10,000,45-day, 6% note from a customer. (1) Prepare the year-end adjusting entry to record accrued interest revenue on December 31 . (2) Prepare the entry required on the note's maturity date assuming it is honored. (Use 360 days a year.) Journal entry worksheet Record the year-end adjustment related to this note, if any. Note: Enter debits before credits. On December 1, Daw Company accepts a $10,000,45-day, 6% note from a customer. (1) Prepare the year-end adjusting entry to record accrued interest revenue on December 31 . (2) Prepare the entry required on the note's maturity date assuming it is honored. (Use 360 days a year.) Journal entry worksheet Record the journal entry on the note's maturity date assuming it is honored. Assume Daw Company does not prepare reversing entries. Note: Enter debits before credits