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Journal entry worksheet 1 Louvers, Incorporated, accepted a $15,000,180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end
Journal entry worksheet 1 Louvers, Incorporated, accepted a $15,000,180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27. Note: Enter debits before credits. Date General Journal Debit Credit November 27
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