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On May 1, 2019, Spock Company lent Chekov Company $50,000 cash, accepting Chekov's $50,000, 6%, 10-month note. Spock received the maturity amount from Chekov on
On May 1, 2019, Spock Company lent Chekov Company $50,000 cash, accepting Chekov's $50,000, 6%, 10-month note. Spock received the maturity amount from Chekov on March 1, 2020. Spock Corporation prepares financial statement SEMI-ANNUALLY--every six months on the following TWO dates: June 30 and December 31. Give all the required journal entries for the note receivable for Spock Corporation for 2019 and 2020 in the attached worksheet
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