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Windsor Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022. The company does not make entries to
Windsor Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022. The company does not make entries to accrue interest except at December 31. Nov. 1 Dec. 11 (a) 16 31 Loaned $18,000 cash to Manny Lopez on a 12 month, 8% note. Sold goods to Ralph Kremer, Inc., receiving a $36,000, 90-day, 6% note. Received a $20,400, 180 day, 12% note to settle an open account from Joe Fernetti. Accrued interest revenue on all notes receivable. Your answer is correct. Journalize the transactions for Windsor Supply Co. (Ignore entries for cost of goods sold.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Use 360 days for calculation. Round answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) Account Titles and Explanation lotes Receivable Debit 18000 Credit
please help with part B, ive completed part A. THANK YOU
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