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On March 1, Kis Company accepted a 6-day 9%, $21.900 note receivable from J. Peterman in exchange for his account receivable. Read the recents Requirement

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On March 1, Kis Company accepted a 6-day 9%, $21.900 note receivable from J. Peterman in exchange for his account receivable. Read the recents Requirement 1. Journalze the transaction on March 1. Record debits first the credits Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate except with respect the debtor's name. When entering the debtor's name, enter the name exactly as it is presented in the problem data. For example Notes Receivable S. Johon) Date Accounts and Explanation Debit Credit Mat 1 Requirement 2. jumale heading tyded on March 11 rue Worst revenue Round to the newest doll focordifrut the credits Select the explanation on the last line of the journal entry tableCheck your speling carefully and do not be For noas stated in days, use a day year) Accounts and explanation Dubit Credit Mar 31

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