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Please help meJournalize the transactions for Elburn Supply Co. Elburn Supply Co. has the following transactions related to notes receivable during the last 2 months

Please help meJournalize the transactions for Elburn Supply Co.

Elburn Supply Co. has the following transactions related to notes receivable during the last 2 months of 2014. The company does not make entries to accrue interest except at December 31.

Nov. 1 Loaned $21,600 cash to Manny Lopez on a12-month,10% note.

Dec. 11 Sold goods to Ralph Kremer, Inc., receiving a $58,500,90-day,8% note.

16 Received a $49,600,180 day,12% note in exchange for Joe Fernettis outstanding accounts receivable.

31
Accrued interest revenue on all notes receivable

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Previous Question Next Question

Nov. 1	Loaned $21,600 cash to Manny Lopez on a12-month,10% note.
Dec. 11	Sold goods to Ralph Kremer, Inc., receiving a $58,500,90-day,8% note.
16	Received a $49,600,180 day,12% note in exchange for Joe Fernettis outstanding accounts receivable.
31	Accrued interest revenue on all notes receivable