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Suoly Co. Tas the following transactions related to notes receivable during the last 2 months of 2020. The company does not make entries to actre

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Suoly Co. Tas the following transactions related to notes receivable during the last 2 months of 2020. The company does not make entries to actre interest except at December No. Laned $27,000 cash to Manny Lopez on a 12-month, 10% note Dec 11 Sold goods to Ralph Kremer, Inc, receiving a $74,250, 90-day, 8% note 16 Received a $95.400, 180 day, 8% note in exchange for Joe Femett's outstanding accounts receivable. 31 Accrued interest revenue on all notes receivable Journalize the transactions for Novak Supply Co. (Ignore entries for cost of goods sold.) (Credit accountries are automatically indented when amount is entered. Do not Indentem decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) Date Account Tities and Explanation Debit Nov. 1 Notes Receivable Credit 27000 Cash 27000 Dec. 11 Notes Receivable 74250 Sales Revenue 74250 Dec. 16 Notes Receivable 95400 Accounts Receivable 95400 Dec 31 Interest Receivable Interest Revenue SHOW LIST OF ACCOUNTS LINK TO TEXT Record the collection of the Lopez note at its maturity in 2021. (Credit counteities are automatically invited when amewativ estere. De per intent mwy we do Date Account Tides and Explanation Credit Now, 1 Cash Debit Interest Receivable Interest Revenue Notes Receivable Click you would like to show Work for this question Open SHOW COUNTS TO TY

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