On July 1, Portable Pet Store sold goods to Pet's R Us receiving a $5,000, 6 month, 8% note. The goods cost Portable Pet Store $2,000.

REQUIRED:

1. Insert a table that is 4 columns wide, and 8 rows high . You may add rows should you require them.

Date	Account Titles and Explanation	Dr	Cr

(Optional. Adjust the column width by dragging the vertical line between columns in the header row left or right.)

2. Using the table prepared in Part 1 above, in good form prepare the journal entry at maturity of the note assuming Pet's R Us honors the note.