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Pina Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022. Nov. 1 Loaned $22,800 cash to Soozie

Pina Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022.

Nov. 1 Loaned $22,800 cash to Soozie Takham on a 1-year, 10% note.
Dec. 11 Sold goods to Joe Trater, Inc., receiving a $10,350, 90-day, 8% note.
Dec. 16 Received a $6,840, 6-month, 9% note in exchange for Boba Fetts outstanding accounts receivable.
Dec. 31 Accrued interest revenue on all notes receivable.

Journalize the above transactions for Pina Supply Co. Omit cost of goods sold entries. (Round interest revenue to 0 decimal place, e.g. 591. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Use 360 days for calculation.)

Date

Account Titles and Explanation

Debit

Credit

2022

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

Record the collection of the Takham note at its maturity in 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)

Date

Account Titles and Explanation

Debit

Credit

2023

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

Assume Takham dishonors its note at its maturity in 2023; Pina expects to eventually collect the note. Record the dishonor of the Takham note. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)

Date

Account Titles and Explanation

Debit

Credit

2023

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

Assume Takham dishonors its note at its maturity in 2023; Pina does not expect to collect the note. Record the dishonor of the Takham note. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)

Date

Account Titles and Explanation

Debit

Credit

2023

choose a transaction date Nov. 1Dec. 11Dec. 16Dec. 31

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

enter an account title

enter a debit amount enter a credit amount

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