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P9-30A Record the following transactions in the general journal of Dvorak Interiors. Round all amounts to the nearest dollar. Explanations are not required. (pp. 472473,
P9-30A Record the following transactions in the general journal of Dvorak Interiors. Round all amounts to the nearest dollar. Explanations are not required. (pp. 472473, 205, 473-474) 2007 Dec. 21 Received a $4,400, 30-day, 9% note on account from Monica Lee. Made an adjusting entry to accrue interest on the Lee nore. Made a closing entry for interest revenue. 31 31 2008 Jan. 20 Sept. 14 30 Collected the maturity value of the Lee note. Loaned $6,000 cash to Bullseye Investors, receiving a three- month, 13% note. Received a $1,600, 60-day, 16% note for a sale to Chuck Powers. Ignore cost of goods sold. Chuck Powers dishonored his note at maturity; wrote off the note as uncollectible, debiting Allowance for Uncollectible Notes Collected the maturity value of the Bullseye Investors nore. Nov. 29 Dec. 14
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