The following selected transactions occurred during 2016 and 2017 for Coral Importers. The company ends its accounting year on April 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) Feb. 1: Loaned $11,000 cash to Carroll Fadal on a one-year, 10% note Date Credit Accounts and Explanation Note Receivable--Carroll Fadal Cash Debit 11,000 2016 Feb 1 11,000 Accepted note in exchange for cash Apr. 6: Sold goods to Turf Masters, receiving a 90-day, 6% note for $15,000. Ignore Cost of Goods Sold Date Credit 2016 Ant Accounts and Explanation Not Receivable-Turf Masters Sales Revenue Debit 15.000 15.000 More Info 2016 Feb. 1 Loaned $11,000 cash to Carroll Fadal on a one-year, 10% note. Apr. 6 Sold goods to Turf Masters, receiving a 90-day, 6% note for $15,000, Ignore Cost of Goods Sold. Apr. 30 Made a single entry to accrue interest revenue on both notes. ? Collected the maturity value of the Turf Masters note. 2017 Feb. 1 Collected the maturity value of the Fadal note Print Done The following selected transactions occurred during 2016 and 2017 for Coral Importers. The company ends (Click the icon to view the transactions.) Journalize all required entries. Make sure to determine the missing maturity date. (Record debits first, then Feb. 1 Cash 11,000 Accepted note in exchange for cash. Apr. 6: Sold goods to Turf Masters, receiving a 90-day, 6% note for $15,000. Ignore Cost of Goods Sold. Date Credit Accounts and Explanation Note Receivable-Turf Masters Sales Revenue Debit 15,000 2016 Apr. 6 15,000 Sold goods for a note ile her Apr. 30: Made a single entry to accrue interest revenue on both notes (Use months for the one year note interest computation and a 360-day year for the 90 day note interest computation) Debit Date Accounts and Explanation Cred 2016 Apr. 30 Choose from any list or enter any number in the input fields and then click Check Answer 2 parts 2 remaining Clear All