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On September 1, Tada Company lent $88,000 to L. Kadas on a 90-day, 6% note 12. Journalize for Tada Company the lending of the money

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On September 1, Tada Company lent $88,000 to L. Kadas on a 90-day, 6% note 12. Journalize for Tada Company the lending of the money on September 1 13. Jounalize the collection of the principal and interest at maturity. Specify the date. Round interest to the nearest Sheena Stone is an attormey in Los Angeles. Stone uses the direct write-off method to account for uncollectible receivables At April 30, 2018, Stone's accounts receivable totaled $17,000. During May, she earned revenue of $18.000 on account and collected $24.000 on account. She also wrote off uncollectible receivables of $1,620 on May 31, 2018. Read the requirements

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