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

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Notes Receivable Entries The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes are dated as of the day they are received.) Assume 360 days in a year. Received a $90,000, 9%, 60-day note on account. Mar. 8. 31. May 7. 16. June 11. 29. Received a $8,400, 8%,790-day note on account. Received $91,350 on note of March 8. Received a $57,600,7%, 90-day note on account. Received a $36,000, 6%, 30-day note on account Received $8,568 on note of March 31. Received $36,180 on note of June 11. July 26. Aug. 4. - 14. Dec. 2. Required: Received a $8,400, 12%, 30-day note on account. Received $58,608 on note of May 16. Received $8,484 on note of August 4. 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 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. B Mar. 31 May 7 May 16 June 11 June 11 June 29 July 26 I III III I III 100 1000 Aug. 4 Aug. 14 Aug. 14 110 100 Dec. 2 MON

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