The following selected transactions occurred during 2018 and 2019 for Bering Importers. The company ends its accounting year on November 30. (Click the icon to 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.) Interest Revenue 353.26 Accrued interest revenue. Collected the maturity value of the Putt Pro note. Make sure to determine the missing maturity date. (Prepare a single compound journal entry. Use a 365-day year for this interest computation. Round to the nearest cent.) Date Accounts and Explanation Debit Credit Accounts Receivable-Carl Fajar Accounts Receivable-Putt Pro Cash Interest Receivable Interest Revenue Choose from Note Receivable-Carl Fajar Note Receivable-Putt Pro part remainin Sales Revenue nd then click Check Answer. Clear All Check Answer The following selected transactions occurred during 2018 and 2019 for Bering Importers. The company ends its accounting year on November 30. (Click the icon to 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.) Sep. 1: Loaned $20,000 cash to Carl Fajar on a one-year, 6% note. Date Accounts and Explanation Debit Credit 2018 Sep. 1 Note ReceivableCarl Fajar 20,000 Cash 20,000 Accepted note in exchange for cash. Nov. 6: Sold goods to Putt Pro, receiving a 90-day, 9% note for $9,000. Ignore Cost of Goods Sold. Date Accounts and Explanation Debit Credit 2018 Nov. 6 Note ReceivablePutt Pro 9,000 Choose from any list or enter any number in the input fields and then click Check Answer. The following selected transactions occurred during 2018 and 2019 for Bering Importers. The company ends its accounting year on November 30. (Click the icon to 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.) Nov. 6 Note Receivable-Putt Pro 9,000 Sales Revenue 9,000 Sold goods for a note. Nov. 30: Made a single entry to accrue interest revenue on both notes. (Use months for the one-year note interest computation and a 365-day year for the 90 day note interest computation. Round to the nearest cent.) Date Accounts and Explanation Debit Credit 2018 Nov. 30 Interest Receivable 353.26 Interest Revenue 353.26 Accrued interest revenue. Choose from any list or enter any number in the input fields and then click Check
