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Save Homework: Chapter 8, Part 2 and Chapter 9 Preview Score: 0 of 2 pts 5 of 14 (0 complete) HW Score: 0%, 0 of
Save Homework: Chapter 8, Part 2 and Chapter 9 Preview Score: 0 of 2 pts 5 of 14 (0 complete) HW Score: 0%, 0 of 25 pts E8-25 (open response) Question Help . Like New Steam Cleaning performs services on account. When a customer account becomes four months old, Like New converts the account to a note receivable. During 2018, the company completed the following transactions: Apr. 28 Performed service on account for Johnson Club, $21,000. Sep. 1 Received a $21,000, 60-day, 9% note from Johnson Club in satisfaction of its past-due account receivable. Oct 31 Collected the Johnson Club note at maturity. Record the transactions in Like New's journal. Round to the nearest dollar (Use a 365-day year for computations. Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate. When using the receivable accounts, enter the debtor names exactly as it is presented in the problem data. For example: Note Receivable-Smith Club.) Apr. 28: Performed service on account for Johnson Club, $21,000. Accounts and Explanation Debit Credit Date 2018 Apr 28 Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts Clear All Check Answer remaining
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