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Wildhorse Supply Co . has the following transactions related to notes receivable during the last 2 months of 2 0 2 2 . The company
Wildhorse Supply Co has the following transactions related to notes receivable during the last months of The company does
not make entries to accrue interest except at December
Nov. Loaned $ cash to Manny Lopez on a month, note.
Dec. Sold goods to Ralph Kremer, Inc., receiving a $day, note.
Received a $ day, note to settle an open account from Joe Fernetti.
Accrued interest revenue on all notes receivable.
Nov.
b PLEASE HELP ME ANSWER THIS PART
Record the collection of the Lopez note at its maturity in Credit account titles are automatically indented when amount is
entered. Do not indent manually.
Date
Account Titles and Explanation
Debit
Credit
Nov.
eTextbook and Media
List of Accounts
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