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Record the following transactions in general journal form for Meyer Company. July 1 Received a $10,000, 8%, 3-month note, dated July 1, from Deb Gore
Record the following transactions in general journal form for Meyer Company. July 1 Received a $10,000, 8%, 3-month note, dated July 1, from Deb Gore in payment of her open account. Oct. 1 Received notification from Deb Gore that she was unable to honor her note at this time. It is expected that Gore will pay at a later date. Nov. 15 Received full payment from Deb Gore for her note receivable previously dishonored
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