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Record the following note receivable transactions in the joumal of Century 21 Realty. How much interest revenue did Century 21 earn this year? Use a
Record the following note receivable transactions in the joumal of Century 21 Realty. How much interest revenue did Century 21 earn this year? Use a 365-day year for interest computations, and round interest amounts to the nearest dollar (Click icon to view the transactions) More Info Nov 3. Performed service for Jackson Corporation, receiving a 90-day, 9% note for $6,000 Date Accounts and Explanations Debit Credit Oct 1 Loaned $42,000 cash to Alex Co on a one-year, 8% note. Nov 3 Performed service for Jackson Corporation, receiving a 90-day, 9% note for $6,000 Dec 16 Received a $1,000, six-month, 10% note on account from Ashton, Inc. Dec 31 Accrued interest revenue for the year. Nov 3 Dec 16: Received a $1,000 six-month, 10% note on account from Ashton, Inc Print Done Date Accounts and Explanations Debit Credit Dec 16 ho
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