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Marydale Products pemits its customers to dotet paymen by giving personal notes instoad of cash. All the notes bear interest and require the custaner to

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Marydale Products pemits its customers to dotet paymen by giving personal notes instoad of cash. All the notes bear interest and require the custaner to pay the entie note in a single payment 5 months atier issuance. Consider the folowving transactions, which describe Marydale's experience with two such notes: a. On October 31, 2019, Marydale accepts a 6-month, 90 , note from Customer A in lieu of a 54,200 cashi paymect for services provided that day 1. On Fobruary 28, 2020, Marydale accepts a 6-month, 51,800,60 note fram Customer B in lieu af a s1,600 cash payment for aervices provided on that day. c. On Apri 30, 2020, Customer A pays the entire note plus imitest in cash. a. On Augisa 31, 2020, Cusiomer B pays the entire note plis inicres in cash Required: Prepare the necessacy journal and adfusting eotries required to record Tansactons a throuph of in Maydale re reonds

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