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Transactions: 07/01/2018 sold merchandise inventory to Stan-Mart, receiving a $41,000, nine-month, 896 note. Ignore Cost of Goods Sold. 08/01/2018 Sold merchandise to Appeal Company, receiving
Transactions: 07/01/2018 sold merchandise inventory to Stan-Mart, receiving a $41,000, nine-month, 896 note. Ignore Cost of Goods Sold. 08/01/2018 Sold merchandise to Appeal Company, receiving a 60-day, 6% note for $7,000. Ignore Cost of Goods Sold 09/30/2018 Appeal Company dishonored its note at maturity. The business converted the maturity value of the note to an accounts receivable 04/01/2019 Collected the maturity value of the Stan-Mart note 05/16/2019 Loaned $17,000cash to Crosby,-Inc.,-receiving a 90-day,-16% note. AppealCompane atmaturitte." 16% not SAVE WORK RESET RESULTS SUBMIT WORK BusINEss REPORTS July 1, 2018-June 30, 2019 COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Accounts Credit No transactions in Journal ADD TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED T
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