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Record the following transactions in general journal form for Beta Company Jul 1 Received a $5,000 3-month, 5% note, dated July 1, from Jane Batty
Record the following transactions in general journal form for Beta Company Jul 1 Received a $5,000 3-month, 5% note, dated July 1, from Jane Batty in payment of her open account Sep 30 Received notification from Jane Batty that she was unable to honour her note at this time. It is expected that Batty will pay at a later date. Nov 15 Received full payment from Jane Batty for note receivable previously dishonoured. No additional interest charges were charged. Note: Round all numbers off to a whole number. (For example, 23.50 must be entered as 24) e Jul 1 . Sep 30 . . To record dishonoured note, S5,000, plus interest Nov 15
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