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Oriole Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to
Oriole Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31 . Nov. 1 Loined $54,600 cash to C. Bohr on a 12 -month, 7% note. Dec 11 Sold goods to K. R. Pine, Inc, receiving a $1,800,90-day, 7% note. 16 Received a $14,400,180day,6% note to settle an open account from A. Murdock. 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Oriole Co. (Omit cost of goods sold entries) (Credit occount tities are outomatically indented when omount Is entered. Donot indent momally. Record joumal entries in the order presented in the problem. Use 360 days for calculation.) Journalize the transactions for Oriole Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented When amoum is entered. Do not indent manually. Record journal entries in the order presented in the problem. Use 360 days for calculation.)
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