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Record the following transactions in the journal of Brown's Music, Inc. Explanations are not required. Use a 360-day year for interest computations and round to
Record the following transactions in the journal of Brown's Music, Inc. Explanations are not required. Use a 360-day year for interest computations and round to the nearest dollar. Click the icon to view the transactions) (Record debits Best, then credits. Exclude explanations from any journal entries) Dec 19: Received a $1.000, 90-day, 12% note on socount from AM Publishing Journal Entry Date Accounts Dec 19, 2017 Debit Credit Next Question Dec 31: Made an adjusting entry to accrue Interest on AM Publishing noto. (Use a 360-day your for your calculation, Enter amounts to the nearest dollar) Journal Entry Date Dec 31, 2017 Accounts Debit Credit Mar 18 Collectand the mounty value of AM Publishing note (Enter amounts to the nearest dollar) Journal Entry Date Account Debit Credit Mar 18, 2018 Record the following transactions in the journal of Brown's Munic, Inc, Explanations are not required. Uw * 360-day your for interest computations and round to the nearest dollar, Click the icon to view the transactions) (Record Gebits first, then credits. Exclude explanations from any journal entries) Jun Loaned $9,000 cash to MM Music, receiving a sbc-month, 11% note Journal Entry Date Credit 1. 2018 Accounts Debit Oct 31: Resnived 51.500, 30-day, 14% noto from So Long Music on its past-due account receivable. Journal Entry Date Accounts Debit Credit Oct 31, 2016 Dec 1: Colected the maturity value of the MM Music note Journal Entry Date Account Dec 1, 2016 Debit Credit Record the following transactions in the journal of Brown's Munic, Inc. Explanations are not required. Use a 360-day year for interent computations and round to the nearest dollar. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries) D. Rada Manol.com S. Monited More Info Dec 2017 19 Received a $1,000, 90-day, 12% note on account from AM Publishing 31 Made an adjusting entry to accrue interest on AM Publishing note 2018 Mar 18 Collected the maturity value of AM Publishing note. Jun 1 Looned $9,000 cash to MM Music, receiving a six-month, 11% note Odl 31 Received a $4,500, 90-day, 14% note from So Long Music on its past-duo account receivable Dec 1 Colected the maturity value of the MM Musle note Dec 31 Make an adjusting entry to accrue interest on the So Long Musle note Print Done Dec 31: Make an adjusting entry to ou interest on the So Long Muslo note. (Use a 360 day year for your calculation Enter amount to the nearest do) Journal Entry Accounts Debit Credit Date 31.2010 Dec
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