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On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. egal services total $11,000. In payment
On March 1, Terrell \& Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. egal services total $11,000. In payment for the services, Whole Grain Bakery signs a 9% note requiring the payment of the face Imount and interest to Terrell \& Associates on September 1 . Required: For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1 . (If no entry is equired for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of the note payable for the legal services received. Note: Enter debits before credits. On March 1, Terrell \& Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $11,000. In payment for the services, Whole Grain Bakery signs a 9% note requiring the payment of the face amount and interest to Terrell \& Associates on September 1 . Required: For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1 . (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024 , the following transactions occur: January2January6January15January20January22January25January30Provideservicestocustomersforcash,$35,100.Provideservicestocustomersonaccount,$72,400.Writeoffaccountsreceivableasuncollectible,$1,000.(Assumethecompanyusestheallowancemethod)Paycashforsalaries,$31,400.Receivecashonaccountsreceivable,$70,000.Paycashonaccountspayable,$5,500.PaycashforutilitiesduringJanuary,$13,700. 5. Prepare a classified balance sheet as of January 31, 2024. (Amounts to be deducted should be indicated with a minus sig
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