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Records transactions Part C : Record the following transactions for Glaser Company and Ann Duff company 2016 June, 1 Received a $30,000, 8%, 1-year note

Records transactions
Part C : Record the following transactions for Glaser Company and Ann Duff company 2016 June, 1 Received a $30,000, 8%, 1-year note from Ann Duff as full payment on her account. Dec. 31 Accrued interest on Duff's note. 2017 June, 1 Ann Duff honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2017. Date Glaser Company Ann Duff company June,1 2016 Dec.31 2016 June,1 2017

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