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Prepare Journal entries to record these transactions: (Round your answers to 2 decimal places.) Oct. 31 Accepted a $23,500, six-month, 6.0% note dated today
Prepare Journal entries to record these transactions: (Round your answers to 2 decimal places.) Oct. 31 Accepted a $23,500, six-month, 6.0% note dated today from Leann Grimes in granting a time extension on her past-due account. Dec. 31 Adjusted the books for the interest due on the Grimes note. Apr. 30 Grimes honoured her note when presented for payment.. View transaction let Journal entry worksheet < 2 3 Record entry for note accepted for $23,500, for 6 months at 6.00% dated today from Leann Grimes in granting a time extension on her past-due account. Note: Enter debits batare cmaits Date Oct 31 General Journal Debit Credit Record entry Clear entry View general journal
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