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Journalize the transactions for Ripken Supply Co. Dec. 31, Accrued interest revenue on all notes receivable on Nov. 1, Loaned $30,000 cash to Linda
Journalize the transactions for Ripken Supply Co. Dec. 31, Accrued interest revenue on all notes receivable on Nov. 1, Loaned $30,000 cash to Linda Waters on a 1-year, 8% note, and on Dec. 11, Sold goods to Wainwright receiving a $13,500, 90-day, 8% note. (3 marks)
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