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The Windblown Company had the following transactions involving notes receivable during 2 0 x 1 . Record the transactions on page 1 1 of a
The Windblown Company had the following transactions involving notes receivable during x Record the transactions on page of a general journal. Omit
descriptions.
March Received a day, percent note for $ from Abbott Company, a customer whose account was overdue.
April Discounted the note received from Abbott Company at the Hometown Bank. The bank charged a discount rate of percent.
May Received notice from Hometown Bank that the note issued by Abbott Company was dishonored today. The bank charged Windblown's account for the
maturity value of the note plus a $ protest fee.
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