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Questlon 6 Pembina United accepts a three-month, 3%, $40,800 note receivable in settlement of an account receivable on April 1, 2018, Interest is due at
Questlon 6 Pembina United accepts a three-month, 3%, $40,800 note receivable in settlement of an account receivable on April 1, 2018, Interest is due at maturity, Prepare the Journal entr es required by Pembina Limited to record he issue of the note on April 1, and he settlement of the note on July 1, as urning the note is honoured and that no interest has prev ously been accrued indented when the anount is entered. Do not indent manualy. Ino entry is required, select "No Entry" for the account titles and enter 0 for the anounts.) lly Credit account t es are automatica Date Account Titles and Explanation Debit Credit
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