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Review the following note receivable transactions in the journal of Baltic Services: i (Click the icon to view the transactions.) Baltic Services has a
Review the following note receivable transactions in the journal of Baltic Services: i (Click the icon to view the transactions.) Baltic Services has a December 31 fiscal year-end. Read the requirements. Requirement 1. Record the preceding note receivable transactions in the journal of Baltic Services. Use a 365-day year for interest computations, and round interest amounts to the nearest dollar. (Record debits first, then credits. Exclude explanations from any journal entries.) Oct 1 Loaned $19,000 cash to Bryce Durant on a one-year, 9% note. Journal Entry Date Accounts Oct 1 Debit Credit
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