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just need the red boxes Blossom Co. has the following transactions related to notes receivable during the last 2 months of the year, The company
just need the red boxes
Blossom Co. has the following transactions related to notes receivable during the last 2 months of the year, The company does not make entries to accrue interest except at December 31 . Nov. 1 Loaned $58,800 cash to C. Bohr on a 12-month, 8% note. Dec, 11 Sold goods to K. R. Pine, Inc, receiving a $7,200,90-day, 8% note. 16 Received a $14,400,180-day, 68 note to settle an open account from A. Murdock 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Btossom Co. (Omit cost of goods sold entries) (Credit account tities are outematically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. Use 360 doys for calculation). Journalize the transactions for Blossom Co. (Omit cost of goods sold entries.) (Credit account titles are automoticallyindented when amount is entered, Do not indent manually. Record journal entries in the order presented in the problem. Use 360 days for colcuifation Step by Step Solution
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