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Please help with recording journal entries Exercise 5-14 (Algo) Record notes receivable (LO5-7) During 2024, LeBron Corporation accepts the following notes receivable. 1. On April
Please help with recording journal entries Exercise 5-14 (Algo) Record notes receivable (LO5-7) During 2024, LeBron Corporation accepts the following notes receivable. 1. On April 1, LeBron provides services to a customer on account. The customer signs a four-month, 9% note for $5,900. 2. On June, 1, LeBron lends cash to one of the company's vendors by accepting a six-month, 10\% note for $9,900. 3. On November 1, LeBron allows a customer to convert a past-due account receivable to a three-month, 8% note receivable for $4,900 Required: Record the acceptance of each of the notes receivable. (If no entry is required for a particular transaction/event, select "No Jour Entry Required" in the first account field.)
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