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Milner Family Importers sold goods to Tung Decorators for $30,000 on November 1, 2022, accepting Tungs $30,000, 6-month, 6% note. Prepare Milners November 1 entry,
Milner Family Importers sold goods to Tung Decorators for $30,000 on November 1, 2022, accepting Tungs $30,000, 6-month, 6% note. Prepare Milners November 1 entry, December 31 annual adjusting entry, and May 1, 2023, entry for the collection of the note and interest
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