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On March 1 , Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $ 9
On March Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints.
Legal services total $ In payment for the services, Whole Grain Bakery signs a note requiring the payment of the face amount
and interest to Terrell & Associates on September
Required:
Record the following transactions for Terrell & Associates:
Acceptance of the note receivable on March
Collection of cash on September
Note: If no entry is required for a particular transaction or event, select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the cash received on note receivable and interest.
Note: Enter debits before credits.
Needing help with the cash and Interest Revenue please
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