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RecRoom Equipment Company received an $8000 six month 6% note on 11.1.21 to settle an $8000 unpaid balance owed by a customer. Prepare the journal

RecRoom Equipment Company received an $8000 six month 6% note on 11.1.21 to settle an $8000 unpaid balance owed by a customer. Prepare the journal entries to record the following transactions for RecRoom.

11/1/2021 Notes Receivable 8,000
Accounts Receivable 8,000
12/31/2021
5/1/2022

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