Journalize the transactions

Gore Food Supply Co. has the following transactions related to notes receivable during the last two months of the year.

Nov. 1 Loaned $18,000 cash to Sally Morgan Restaurant on a one-year, 10 percent note

Dec. 11 Sold goods to Adams BBQ receiving a $6,000, 90-day, 12 percent note

16 Received a $4,000, 180-day, 12% note on account from Prentice Bakery

31 Accrued interest revenue on all notes receivable

Journalize the transactions for Gore Food Supply Co.

Solution:

Looking for help with your homework?
Grab a 30% Discount and Get your paper done!

30% OFF
Turnitin Report
Formatting
Title Page
Citation
Place an Order

Calculate your paper price
Pages (550 words)
Approximate price: -