Question
Prepare journal entries to record the following events. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all
Prepare journal entries to record the following events. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
June 1 | Vaughn Collision received a 5%, 4-month $5,300 note dated June 1 from a customer for the balance due. | |
Sept 30 | The note is honored and no interest has been accrued previously. |
Date | Account Titles and Explanation | Debit | Credit |
---|---|---|---|
June 1 | enter an account title for the journal entry on June 1 | enter a debit amount | enter a credit amount |
enter an account title for the journal entry on June 1 | enter a debit amount | enter a credit amount | |
Sept. 30 | enter an account title for the journal entry on September 30 | enter a debit amount | enter a credit amount |
enter an account title for the journal entry on September 30 | enter a debit amount | enter a credit amount | |
enter an account title for the journal entry on September 30 |
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