KTE DESCRIPTION POST REF CREDIT ASSETS LIABILITIES DEBIT 9,600.00 EQUITY 1 Jan 17 Sales 9,600.00 1 9,600.00 Bad Debt Expense 17 Bad Debt Expense Accounts Receivable Os Sports 21 Cash 9,600.00 1 10,700.00 2,200.00 1 12,900.00 Bad Debt Expense Accounts Receivable-Four Seasons Sportswear Feb. 15 Accounts Receivable-Healthy Running Bad Debt Expense 1 1 3,000.00 500.00 1 Sales 3,500.00 Mar. 4 2,200.00 1 Accounts Receivable-Four Seasons Sportswear Bad Debt Expense 2,200.00 1 4 Cash 2.200.00 1 Bad Debt Expense 2,200.00 1 2,200.00 Mar. 4 Accounts Receivable-Four Seasons Sportswear Bad Debt Expense 2,200.00 4 Cash 2,200.00 Bad Debt Expense 2,200.00 13 Cash 5,540.00 T 1 Accounts Receivable-Barb's Best Gear 5.540.00 20,870,00 1 31 Bad Debt Expense Accounts Receivable-Healthy Running 5,250,00 Accounts Receivable-The Locker Room 4,100.00 1 ! 2,780.00 Accounts Receivable-C's Sports Accounts Receivable-Get Your Gear 7,050.00 ! Accounts Receivable-Ready-2-Go 1,690.00 HTUU RUTTUTTO TO MUTUTE you see S HUSUIVIT PUUTUUTUS TUVU TOTUO, WHICIT WOU SUITU TIC a rare pa Looking back through the journal entries for March, you find that on March 19 the accounting intern recorded receipt of $3,605 in payment of this note recoin investigation reveals that on November 19, 20Y1, this note receivable was received from Fast Feet Co. for $3,500. You can find no additional information at the accounting records. Assume a 360 day year. Using the preceding information, compute the term and the interest rate of the note receivable from Fast Foet. 1. Term of the note days Points: 2. Interest rate of the note: % Points: 3. Journalize the entry needed to record information about the note receivable from Fast Feet for the year 2071. Assume that the entry on November 19,20 Refer to the Chart of Accounts of exact wording of account titles. Round all amounts to the nearest dollar. 3. Journalize the entry neeched to record information about the note receivable from Fast Foot for the year 2071. Assume that the entry on November 19,20 Refer to the Chart of Accounts of exact wording of account titles. Round all amounts to the nearest dollar Question not attempted. JOURNAL Score: 0/25 ACCOUNTING DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITI 1 2 Points: 4. Journalize the entry needed to record collection of the note at maturity on March 19, 20Y2. Assume that the entry on November 19, 2011 is correct. Refe Accounts of exact wording of account titles. Round all amounts to the nearest dollar. 4. Journalize the entry needed to record collection of the note at maturity on March 19, 20Y2. Assume that the entry on November 19, 20Y1 is correct. Refer Accounts of exact wording of account titles. Round all amounts to the nearest dollar, Question not attempted JOURNAL Score: 0/49 ACCOUNTING E DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIE 1 2 3 Points
