Complete journal entries to record the following transactions: Mar 8 Received a $33,000, 5%, 60-day note on the account of A Company 31 Received an $80,000, 7%, 90-day note on the account of B Company May 7 Received payment of $33,275 on the note for A Company 16 Received a $72,000, 7%, 90-day note on account of C Company Jun 11 Received a $36,000, 6%, 45-day note on account of D Company 29 Received payment of $81,400 on the note for B Company Jul 26 Received payment of $36,720 on the note for D Company Aug 4 Received a $48,000, 9 %, 120-day note on account of E Company 14 Received payment of $73,260 on the note for C Company Dec 2 Received payment of $49,440 on note for E Company You can type your answers in a Word document to upload, you can use an Excel Spreadsheet and then upload, or you can type in the answers as a text submission below.
Complete
Mar 8 Received a $33,000, 5%, 60-day note on the account of A Company
31 Received an $80,000, 7%, 90-day note on the account of B Company
May 7 Received payment of $33,275 on the note for A Company
16 Received a $72,000, 7%, 90-day note on account of C Company
Jun 11 Received a $36,000, 6%, 45-day note on account of D Company
29 Received payment of $81,400 on the note for B Company
Jul 26 Received payment of $36,720 on the note for D Company
Aug 4 Received a $48,000, 9 %, 120-day note on account of E Company
14 Received payment of $73,260 on the note for C Company
Dec 2 Received payment of $49,440 on note for E Company
You can type your answers in a Word document to upload, you can use an Excel Spreadsheet and then upload, or you can type in the answers as a text submission below.
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