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Prepare journal entries to record the following transactions entered into by the Ayayai Corp: (Credit account titles are automaticall) indented when the amount is entered.
Prepare journal entries to record the following transactions entered into by the Ayayai Corp: (Credit account titles are automaticall) indented when the amount is entered. Do not indent monually. Record journal entries in the order presented in the problem.) 2021 June 1 Received a $12,000,8%,1 - year note from Dan Gore as full payment on his account: Now. 1 Sold merchandice on account to Barlow, Inc, for $16,000, terms 3/10,n/30. Now. 5 Barlow, Inc, returned merchandise worth $1,300. Nov. 9 Received payment in full from Barlow, Inc. Dec 31 Accrued interest on Gore's note. 2022 June 1 Dan Gore honored his promissory note by sending the face amount plus interest. Question 5 of 8 .125 2022
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