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Prepare the origination, accrual and settlement journal entries for JackJoe, Inc and Lizzie Inc. , 6 entries in total, assuming the note is paid on

Prepare the origination, accrual and settlement journal entries for JackJoe, Inc and Lizzie Inc. , 6 entries in total, assuming the note is paid on time:

On November 1, 20X5, JackJoe, Inc. received an X% (select an interest rate between 1% and 12%), 90 day, note receivable from Lizzie, Inc. This note was issued in payment for a $100,000 outstanding account receivable.

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Prepare the origination, accrual and settlement journal entries for JackJoe, Inc and Lizzie Inc. , 6 entries in total, assuming the note is paid on time:
	On November 1, 20X5, JackJoe, Inc. received an X% (select an interest rate between 1% and 12%), 90 day, note receivable from Lizzie, Inc. This note was issued in payment for a $100,000 outstanding account receivable.