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The following selected transactions occurred during 2 0 2 5 and 2 0 2 6 for Siberian Importers. The company ends its accounting year on
The following selected transactions occurred during and for Siberian Importers. The company ends its accounting year on June
View the transactions.
Journalize all required entries. Make sure to determine the missing maturity date. Record debits first, then credits. Select the explanation on the last line of the journal entry table.
Apr. : Loaned $ cash to Branson, Inc. on a oneyear, note.
Jun. : Sold goods to Dyno Interiors, receiving a day, note for $ Ignore Cost of Goods Sold.
Jun. : Made a single entry to accrue interest revenue on both notes. Use months for the oneyear note interest computation and a day year for the day note interest computation. Round to the nearest cent.
Collected the maturity value of the Dyno Interiors note. Make sure to determine the missing maturity date. Prepare a single compound journal entry. Use a day year for this interest computation. Round to the nearest cent.The following selected transactions occurred during and for Siberian Importers. The company ends its accounting year on June
View the transactions.
Journalize all required entries. Make sure to determine the missing maturity date. Record debits first, then credits. Select the explanation on the last line of the journal entry table.
Apr. : Loaned $ cash to Branson, Inc. on a oneyear, note.
Jun. : Sold goods to Dyno Interiors, receiving a day, note for $ Ignore Cost of Goods Sold.
Jun. : Made a single entry to accrue interest revenue on both notes. Use months for the oneyear note interest computation and a day year for the day note interest computation. Round to the nearest cent.
Collected the maturity value of the Dyno Interiors note. Make sure to determine the missing maturity date. Prepare a single compound journal entry. Use a day year for this interest computation. Round to the nearest cent.
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