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Nash Family Importers sold goods to Tung Decorators for $39,000 on November 1, 2017, accepting Tung's $39,000, 6-month, 6% note. Prepare Nash's November 1 entry,
Nash Family Importers sold goods to Tung Decorators for $39,000 on November 1, 2017, accepting Tung's $39,000, 6-month, 6% note. Prepare Nash's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (Ir no entry is required, select "No En titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually. Record Journalen presented in the problem.) Date Account Titles and Explanation Debit Credit m a n while wou earn moints hased on the Point Potential Policy set by your instructor
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