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Score: 0 of 25 pts 1 of 2 (0 complete) HW Score: 0%, 0 of 50 pts P9-33A (open response) Question Help Consider the following
Score: 0 of 25 pts 1 of 2 (0 complete) HW Score: 0%, 0 of 50 pts P9-33A (open response) Question Help Consider the following transactions for Jo Jo Music A (Click the icon to view the transactions.) Journalize all transactions for Jo Jo Music. Round all amounts to the nearest dollar. (For notes stated in days, use a 365-day year. Round your final answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from joumal entries. Check your spelling carefully and do not abbreviate. When using the receivable accounts, enter the customer names exactly as it is presented in the problem dala. For example: Note Receivable-Happy Town Music) Dec 6: Received a $4,000, 90-day, 12% note in settlement of an overdue accounts receivable from Jazz Music. Date Accounts and Explanation Debit A More Info Credit 2018 Dec. 6 2018 Dec. 6 Received a $4,000, 90-day, 12% note in settlement of an overdue accounts receivable from Jazz Music, 31 Made an adjusting entry to accrue interest on the Jazz Music note. 31 Made a closing entry for interest revenue. 2019 Mar. 6 Collected the maturity value of the Jazz Music note. Jun. 30 Loaned $13,000 cash to Johnathon's Publishing, receiving a six-month, 10% note Oct, 2 Received a $1,000, 60 day, 10% note for a sale to Taconic Music, Ignore Cost of Goods Sold. Dec. 1 Taconic Music dishonored its note at maturity. 1 Wrote off the receivable associated with Taconic Music. (Use the allowance method.) 30 Collected the maturity value of the Johnathon's Publishing note. Print Done Enter any number in the edit fields and then click Check Answer. ? 8 parts remaining Clear All Final Check
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