Please Prepare a general journal

Journal entry requirements:

Label names (only use these for recording- you will not use all, only what is required from question 1-5)

Accounts Payable

Accounts Receivable

Accumulated Amortization

Accumulated Depreciation- Buildings

Accumulated Depreciation-Equiment

Accumulated Depreciation- Vehicles

Accumulated Other Comprehesive Income

Additonal Paid-In Capital, Common Stock

Additional Paid-In Capital, Preferred Stock

Additional Paid-In Capital, Treasury Stock

Advertising Expense

Allowance for Doubtful Accounts

Amortization Expense

Bad Debt Expense

Bonds Payable

Buildings

Cash

Cash Equivalents

Cash Overage

Cash Shortage

Charitable Contributions Payable

Common Stock

Copyrights

Cost of Goods Sold

Deferres Revenue

Delivery Expense

Depreciation Expense

Discount on Bonds Payable

Dividends

Dividends Payable

Donation Revenue

Equipment

FICA Payable

Franchise Rights

Gain on Bond Retirement

Gain on Disposal of PPE

Goodwill

Impairment Loss

Income Tax Expense

Income Tax Payable

Insurance Expense

Interest Expense

Interest Payable

Interest Receivable

Interest Revenue

Inventories

Inventory-Estimated Returns

Land

Legal Expense

Licensing Rights

Logo and Trademarks

Loss on Bond Retirement

Loss on Disposal of PPE

Natural Resource Assests

Notes Payable (long-term)

Notes Payable (short-term)

Notes Receivable

Office Expense

Other Current Assets

Other Noncurrent Assets

Other Noncurrent Liabilities

Other Operating Expenses

Other Revenue

Patents

Payroll Tax Expense

Petty Cash

Preferred Stock

Premium on Bonds Payable

Prepaid Advertising

Prepaid Insurance

Prepaid Rent

Prepaid Liability

Rent Expense

Rent Revenue

Repairs and Maintenance Expense

Restricted Cash (long-term)

Restricted Cash (short-term)

Retained Earnings

Salaries and Wages Expense

Salaries and Wages Payable

Sales Revenue

Sales Tax Payable

Short-Term Investments

Software

Subscription Revenue

Supplies

Supplies Expense

Travel Expense

Treasury Stock

Unemployment Tax Payable

Utilities Expense

Vehicles

Withheld Income Taxes Payable

- End of Label Names

Questions:

1) Record the entry for sale of merchandise on account to McCormick Industries.

2) Record the entry for acceptance of promissory note in exchange of accounts receivable from McCormick Industries.

3) Record the entry for interest accrued on promissory note received from McCormick Industries.

4) Record the entry for interest received, from McCormick Industries, on the notes maturity date.

5) Record the entry for payment received from McCormick Industries the principal on the notes maturity date.

Samberg Inc. had the following transactions. a. Oct. 1-Sold $10,000 of merchandise on account, 1/10, n/30 to McCormick Industries. b. Nov. 1-Received a $10,000, 90-day, 10% note from McCormick Industries to settle its $10,000 unpaid balance. c. Dec. 31- Accrued interest on the note. (Round your answer to the nearest whole dollar amount.) d. Jan. 31 - Received the interest on the note's maturity date. e. Jan. 31-Received the principal on the note's maturity date. (Round your answer to the nearest whole dollar amount.) Required: Prepare the required journal entries Journal entry worksheet 2 4 Record the entry for payment received from McCormick Industries the principal on the note's maturity date. Note: Enter debits before credits. Date General Journal Debit Credit Jan 31