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The company develops computer systems for auto dealers on November 1, 2014, company installed a $888.800 System for the auto dealer. This company agreed to

The company develops computer systems for auto dealers on November 1, 2014, company installed a $888.800 System for the auto dealer. This company agreed to except a $920,000 three-month, non-interest-bearing note due on February 1, 2015. Company prepares financial statements at the end of every calendar year prepare all journal entries necessary for the term of the note for company.
I November 1, 2014, company installed 888, 800 in sales and service system agreeing to except $920,000. A three month non-interest bearing note - picture 1
On December 31st 2014 company records the interest revenue-picture 2
On February 1, 2015 company requires the collection of note- picture 3
On February 1, 2015 company records the interest revenue-picture 4
Options for accounts are cash, discount on notes receivable, interest receivable, interest revenue, notes receivable, sale revenue, image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
This Question: 1 pt Einhom Associates develops custom computer systems for auto dealers. On Novem Einhorn agreed to accept a $920,000 three-month, noninterest-bearing note due on Prepare all journal entries necessary for the term of the note for Einhorn. (Record del the nearest whole dollar.) On November 1, 2014, Einhorn installed a $888,800 sales and service system for Ch Account November 1, 2014 On December 31, 2014, Einhorn records interest revenue. Account December 31, 2014 ]0 Choose from any list or enter any number in the input fields and then continue to th Save for Later Previous

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