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permits customers to defer payment by giving personal notes instead of cath. All the motor interest and out the customer to pay the entre not

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permits customers to defer payment by giving personal notes instead of cath. All the motor interest and out the customer to pay the entre not in any payment mente. Contida! the following transactions, which describe Teatre's experience with two such notes On October 1, Teatre accepts month, 129 note from Customer Anf13.600 cash payment for services provided that day b. on February 28, Tuatre copts a 6-month, 12,500,12 note from Customer in a $2,500 cash payment for service provided on the On April 30, Customer Apays the entire robe u Werest in cash d. On August 3, Customer pays the entire noe plus interest in cash Requiredi Prepare the necessary Journal and adjusting entries reined to recent actions thround records 1 an amoun box does not reure entry, we Oct 31 Dec 31 bb28 CA 30 d. Aug. 31

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