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The following transactions took place for Parker's Grocery. a Jan. 1 Loaned $59,000 to a cashier of the company and received b. June 30 Accrued
The following transactions took place for Parker's Grocery. a Jan. 1 Loaned $59,000 to a cashier of the company and received b. June 30 Accrued interest on the note dDc 3, Received interest on the note. (No interest has been d. Dec. 31 Received principal on the note. back a one-year, 8 percent note. recorded since June 30.) Required: Prepare the journal entries that Parker's Grocery would record for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Journal entry worksheet 2 Record the receipt of a note on January 1 for a $59,000 loan to an employee Note: Enter debits before credits Date General Journal Debit Credit Jan 01
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