Current Attempt in Progress Splish Family Importers sold goods to Tung Decorators for $44,400 on November 1, 2025, accepting Tung's $44.400, 6-month, 6% note. Prepare Splish's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (f no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit I Ps

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Current Attempt in Progress
Splish Family Importers sold goods to Tung Decorators for $44,400 on November 1, 2025, accepting Tung's $44.400, 6-month, 6%
note.
Prepare Splish's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (f
no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when
the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the
problem)
Date Account Titles and Explanation
Debit
Credit
1000
1000
Ps
Transcribed Image Text:Current Attempt in Progress Splish Family Importers sold goods to Tung Decorators for $44,400 on November 1, 2025, accepting Tung's $44.400, 6-month, 6% note. Prepare Splish's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (f no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit 1000 1000 Ps
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