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show all work to get the journal entries (include calculations) Uncle Leo Uon proper journal format. Be sure to show 4. The following series of

image text in transcribedshow all work to get the journal entries (include calculations)

Uncle Leo Uon proper journal format. Be sure to show 4. The following series of transactions occurred during 2016 and 2017 whern Decembec andise to Connor Brown. Uncle Leo Corp.'S anual accounting period end December 31. Record the following journal entries in s on sold merchandise to Connor Brown. Uncle Leo calculations in your explanations. (8 marks) Oct. 1/16 Sold $11,000 of merchandise (cost $6,000) to Connor Brown; terms 3/15, n/45. Nov. 15/16 Mr. Brown indicates he won't be able to pay the account until early next year. Dec. 31/16 Prepared an adjusting entry to record accrued interest. Mar. 15/17 Uncle Leo Corp. receives a cheque from Mr. Brown for the full value of the He agrees to change the account to a 120-day, 8% note receivable

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