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Top two go together and bottom two goes together. ilm/takeAssignment/takeAssignmentMain.do?inprogress true eBook Calculator Entries for Receipt and Dishonor of Note Receivable Journalize the following transactions
Top two go together and bottom two goes together.
ilm/takeAssignment/takeAssignmentMain.do?inprogress true eBook Calculator Entries for Receipt and Dishonor of Note Receivable Journalize the following transactions of Trapper Jon's Productions. Assume 360 days in a year. For a compound tran an entry, leave it blank June 23 Sept. 21 Oct. 21 Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account. The note is dishonored by Radon Express Co. Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount Radon Express Co. on September 21. une 23 Notes Receivable 48.000 48.000 (-- 48.000 Accounts Receivable Radon Express Co.. Notes Receivable Interest Revenue Sept. 21 x Oct. 21 Cash Acounts Receivable-Radon Express Co. Interest Revenue 52.000 X Check My WorkStep by Step Solution
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