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please answer the last question. the number on it is wrong. Record the following note receivable transactions in the journal of Unique Realty. How much
please answer the last question. the number on it is wrong.
Record the following note receivable transactions in the journal of Unique Realty. How much interest revenue d (Click icon to view the transactions.) Oct 1: Loaned $49,000 cash to Starburst Co. on a one-year, 5.5% note. (Enter debits first, then credits. Expl Date Accounts and Explanations Debit Credit Oct 1 Note Receivable Starburst Co. 49,000 Cash 49,000 Nov 3: Performed service for Jump Corporation, receiving a 90-day, 7,5% note for $7,000 Date Accounts and Explanations Debit Credit Nov 3 Note Receivable Jump Corporation 7,000 Service Revenue 7,000 Dec 16. Received a $10,000, six-month, 9.5% note on account from A-One, Inc. Date Accounts and Explanations Debit Credit Dec 16 Note Receivable A-One Inc 10,000 Accounts Receivable A-One Inc. 10,000 Dec 31: Accrued interest revenue for the year. (Round each answer to the nearest whole dollar before adding for calculating interest. Likewise, if the note is expressed in days, use days as the base for calculating inte Date Accounts and Explanations Debit Credit Dec 31 Interest Receivable 799 Interest Revenue 799 Step by Step Solution
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