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Notes Receivable Entries The following data relate to noten receivable and interest for Owens Coia financial services company. (All notes are dated as of the

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Notes Receivable Entries The following data relate to noten receivable and interest for Owens Coia financial services company. (All notes are dated as of the day they are received.) Assume 360 days in a year. Mar. 8. Received a $78,000,8%, 60-day rote on account. 31. Received a $14,400,9%, 90-day note on account. May 7 Received $79,040 on note of March : 16. Received a $61,200, 12%, 90 day note on account. June 11. Received a $24,000,6%, 30-day note on account. 29. Received $14,724 on note of March 31. July 26. Received $24,120 on note of June 11. Aug. 4 Received a $13,200, 11%, 30 day note on account. 14 Received $63,036 on note of May 16. Dec. 2 Received $13,321 on note of August 4 Required: Journalize the entries to record the transactions. For a compound transactions, it an amount box does not require an entry, leave it blank Mars Mar 31 BUON Mar 31 May 7 May 16 I IIII D 101 III 1 111 11111 June 11 June 29 July 26 II III I III III II III I III III July 26 Dec, 2

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