Chocolate Corner Company had the following transactions during the current year:
Apr. Received a $day, note from Lance Armstrong in payment of account.
May Wrote off customer Joe Nutella's account against the Allowance for Uncollectible Accounts, $
June Received payment of Lance Armstrong's note in full.
Sept. Gave a $day, note to Herbert Anson in payment of account.
Sept Received payment of Joe Nutella's account, written off May
Dec Paid principal and interest due on note to Herbert Anson.
Please Note: a day year is standard for many such interest computations for this course interest is to the nearest month rather than precisely to the day. Round interest to the nearest dollar no cents
If needed record the above transactions in general journal form.
The balance of Accounts Receivable at April th is:
Multiple Choice
$
$
$
None of the other alternatives are correct
$
