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S-F:8-10 Accounting for a note receivable (Learning Objective 4) On June 6, Lakeland Bank & Trust lent $80,000 to Stephan Stow on a 30day, 9%

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S-F:8-10 Accounting for a note receivable (Learning Objective 4) On June 6, Lakeland Bank \& Trust lent $80,000 to Stephan Stow on a 30day, 9% note. Requirements 1. Journalize for Lakeland the lending of the money on June 6. 2. Journalize the collection of the principal and interest at maturity. Specify the date. Round to the nearest dollar

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