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Samberg Inc had the following transactions ad 1 - Sold 517000 of merchandise on account 2/10, 1/30 to McCormick Industries b. Nov. 1 - Received
Samberg Inc had the following transactions ad 1 - Sold 517000 of merchandise on account 2/10, 1/30 to McCormick Industries b. Nov. 1 - Received a 517000 90 day, 10% note from McCormick Industries to settle its 517000 unpaid balance c. Dec 31 - Accrued interest on the note (Round your answer to the nearest whole dollar amount.) d. Jan 31 -Received the interest on the note's maturity date. e. Jan 31 - Received the principal on the note's maturity date. (Round your answer to the nearest whole dollar amount) Required: Prepare the required journal entries View transactional Journal entry worksheet A D E Record the entry for sale of merchandise on account to McCormick Industries ber General Journal Debit Credit Oct 01 Journal entry worksheet
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