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Journalize the following transactions of Upton Drugs: July 8 Received a $180,000, 90-day, 8% note dated July 8 from Miracle Chemical on account. Oct. 6

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Journalize the following transactions of Upton Drugs: July 8 Received a $180,000, 90-day, 8% note dated July 8 from Miracle Chemical on account. Oct. 6 The note is dishonored by Miracle Chemical. Nov. 5 Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount If an amount box does not require an entry, leave it blank. Assume 360 days per year. When required, round your answers to the nearest dollar

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