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the following data relate to notes recievable and interest for Owens Co., a financial services company. eBook Calculator Notes Receivable Entries The following data relate
the following data relate to notes recievable and interest for Owens Co., a financial services company. eBook Calculator Notes Receivable Entries The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes are dated as of the day they are received.) Assume 360 days in a year. Mar. 8. Received a $96,000, 8%, 60-day note on account. 31. Received a $18,000, 9%, 90-day note on account. May 7. Received $97,280 on note of March 8. 16. Received a $72,000, 12%, 90-day note on account. June 11. July 26. Aug. 4. 14. Dec. 2. Required: Received a $18,000, 6%, 30-day note on account. Received $18,405 on note of March 31. Received $18,090 on note of June 11. Received a $7,200, 11%, 30-day note on account Received $74,160 on note of May 16. Received $7,266 on note of August 4. Journalize the entries to record the transactions. For a compound transactions, if an amount box does not require an entry, leave it blank. Mar. 8 Check My Work 2 more Check My Work uses remaining Previous
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