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Pharoah Co . has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries
Pharoah Co has the following transactions related to notes receivable during the last months of the year. The company does not make entries to accrue interest except at December
Nov. Loaned $ cash to C Bohr on a month, note.
Dec. Sold goods to K R Pine, Inc, receivinga $day, note.
Dec. Received a $day, note to settle an open account from A Murdock. Dec. Accrued interest revenue on all notes receivable.
J
ournalize the transactions for Pharoah CoOmit cost of goods sold entries.Credit account titles are automatically indented wheth amount is entered. Do not indentmanually. Recordjoumal entries in the order presented in the problem. Use days for calculation,
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