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The following selected transactions occurred during 2024 and 2025 for Red Sea Importers. The company ends its accounting year on November 30. (Click the icon

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The following selected transactions occurred during 2024 and 2025 for Red Sea 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 $11,000 cash to Carroll Fadal on a one-year, 10% note. X Date Accounts and Explanation Debit Credit More info 2024 Sep. 1 2024 Sep. 1 Nov. 6 Loaned $11,000 cash to Carroll Fadal on a one-year, 10% note. Sold goods to Turf Masters, receiving a 90-day, 9% note for $12,000. Ignore Cost of Goods Sold Made a single entry to accrue interest revenue on both notes. Collected the maturity value of the Turf Masters note. Nov. 30 ? Nov. 6: Sold goods to Turf Masters, receiving a 90-day, 9% note for $12,000. Ignore Cost of Goods Sold 2025 Date Accounts and Explanation Debit Credit Sep. 1 Collected the maturity value of the Fadal note. 2024 Nov. 6 Print Done 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 2024 Nov. 30 Collected the maturity value of the Turf Masters 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 Sep. 1: Collected the maturity value of the Fadal note. (Prepare a single compound journal entry. Use months for this interest computation.) Date Accounts and Explanation Debit Credit 2025 Sep. 1

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