Notes Receivable Entries

Mar. $8.$ Received a $$72,000,6\%,60-$day note on account.

Received a $$21,600,7\%,90-$day note on account.

May $7.$ Received $$72,720$ on note of March $8.$

Received a $$72,000,8\%,90-$day note on account.

June $11.$ Received a $$42,000,9\%,30-$day note on account.

Received $$21,978$ on note of March $31.$

July $26.$ Received $$42,315$ on note of June $11.$

Aug. $4.$ Received a $$4,800,10\%,30-$day note on account.

Received $$73,440$ on note of May $16.$

Dec. $2.$ Received $$4,840$ on note of August $4.$

Required:

Journalize the entries to record the transactions. For a compound transactions, if an amount box does not require an entry, leave it blank.

Mar. $8$

Mar. $31$

May $16$

June $11$

June $29$

July $26$

Aug. $4$

Aug. $14$

Dec. $2$