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please answer all for like On September 1, 2016, Dougherty Corp. accepted a six-month, 600%,$15,000.00 interest-bearing note from Rozelle Company in payment of an account
please answer all for like
On September 1, 2016, Dougherty Corp. accepted a six-month, 600%,$15,000.00 interest-bearing note from Rozelle Company in payment of an account receivable . Dougherty's year-end is December 31. Rozelle paid the note and interest on the due date. Required: 1. Who is the maker and who is the payee of the note? 2. What is the maturity date of the note? 3. Propare ali necessary joumat entries that Dougherty needs to make in connection with this note Chart of Accounts CHART OF ACCOUNTS Dougherty Corp. General Ledger ASSETS REVENUE 111 Cash 411 Sales Revenue 121 Accounts Receivable 422 Interest Revenue 123 Notes Receivable 125 Interest Receivable EXPENSES 141 Inventory 500 Cost of Goods Sold 152 Prepaid Insurance 521 Salaries and Wages Expense 154 Supplies 532 Utilities Expense 174 Equipment 533 Insurance Expense 179 Accumulated Depreciation 534 Rent Expense 537 Supplies Expense LIABILITIES 541 Depreciation Expense Chart of Accounts 152 Prepaid Insurance 521. Salaries and Wages Expense 154 Supplies 532 Utilities Expense 174 Equipment 533 Insurance Expense 179 Accumulated Depreciation 534 Rent Expense 537 Supplies Expense LIABILITIES 541 Depreciation Expense 211 Accounts Payable 551 Advertising Expense 231 Salaries and Wages Payable 559 Miscellaneous Expenses 235 Notes Payable 810 Interest Expense 261 Income Taxes Payable 910 Income Tax Expense EQUITY 311 Capital Stock 331 Retained Earnings 1. Who is the maker and who is the payee of the note? The maker is and the payee is 2. What is the maturity date of the note? General Joumal Intricion Gesvira Jorin Oetinne homet risizesono cereral moupik. winct on Rimancial StRtwents Eusace siet MCOWE sixtEnETT ate acceasr unix Chapter 07 Homework (Application) Ebook. Geroba Dosmad mitucsons conele soushe wawcr ow fikbcut startwoves Step by Step Solution
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