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Multi Media Ltd. Completed the following transactions: September 14, 2016: Provided services to Inga Corporation on account, $3,000, terms 30 days. November 1, 2016: Accepted

Multi Media Ltd. Completed the following transactions: September 14, 2016: Provided services to Inga Corporation on account, $3,000, terms 30 days. November 1, 2016: Accepted a one-year, 12% note from Inga Corporation to settle its account. December 31, 2016: Accrued interest on the note from Inga Corporation (round to the nearest dollar). November 1, 2017: Received amount due from Inga Corporation. Required: 1. Record entries for the above transactions.

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