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[The following information applies to the questions displayed below.) Husemann Co's assets include notes receivable from customers. During fiscal 2019, the amount of notes
[The following information applies to the questions displayed below.) Husemann Co's assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $525,000, and the interest rate of the notes averaged 4.2%. b-3. Prepare a journal entry to show the collection of this amount. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the cash collection of interest receivable on short-term notes. General Journal Debit Credit Note: Enter debits before credits. Event 1 C NO G < Prev 9 of 16 Next > a
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