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Entries for notes receivable, including year-end entries Instructions Chart of Accounts Journal Instructions The following selected transactions were completed by Fasteners inc coa supplier of buon and pers for doing 2013 Nox 21 Received from McKenna Outerwear Caon account a $18.000,00 dayOne dated November 21 in settlement of a post de account 31 Recorded an adusting entry for accrued terest on the note of November 21 Dec 2014 Jan 20 Ricerved payment of note and interest tom McKenna Outerwear Co Required: Joumalize the entries to record the transactions Refer to the chart of accounts for the exact wording of the account NOW. de not use lines for journal explanations Every ine on a cuma page is used for det or create NOW total de recht estry when a credir amount is entered I no entry in required amply skip to the next transaction Assume a 360-cy w what Instructions Chat of Accounts Journal Chart of Accounts ASSETS REVENUE 110 Canh 410 Sales 610 Interest Revenue 111 Petly Cash 121 Accounts Receivable Mckenna Outer Wear Co 129 Allowance for Doubtful Accounts 131 Interest Receivable 132 Nolurs Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 101 Store Equipment 102 Accumulated Depreciation Store Equipment 193 Office Equipment 194 Accumulated Depreciation Once Equipment EXPENSES 510 Cost of Merchandise Son 520 Sales Sense 21 Advertiseme 522 Depreciation Espen Store 523 Devery Expense 124 Rear Experte 129 Seng Expenses 530 Office Swanes Experte 531 Rent Expen 532 Depreciation Expense Office Equipment 533 Insurance Expert 534 Office Supplies Expense Previous News) Entries for notes receivable, including year end entries Instructions Chart of Accounts Journal Journal Joumate the entries to record the transactions for the year 2073 Reter to the chart of accounts for the exact wording of the . CHOW umat do not owe investor explanations Every line on a journal page is used to debitor credentes CNOWmals will automatically desta credenty when a credit amount is entered try is request amply skip to the next transaction Assume a 30 day pear when content JOURNAL ACCOUNTING EQUATION DISCOTTON DATE No. 21 POSTRE DEMI ORTE ALLT TIMES oumalee the entries to record the transactions for the year 204 Refer to the chart of accounts for the exact worting of the account. GNOW uma dones forum planations Every ine on a journal page is used for debitor credit entries CNOW umals will automatically inden credit when a credit amount and to ensure maly skip to the next transaction. Assume a 360 day year when calculating interest Journal 3 4 Journalize the entries to record the transactions for the year 2074 Refer to the chart of accounts for the exact wording of the accounts CNOW umas do not senesta explanations. Every line on a journal page is used for debe or credit entries CNOWjournals will automatically indent a credil entry when a credit amounts entered in any is a simply skip to the next transaction. Assume a 360-day yow when calculating interest ME JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REX DOT CHEAT AS com 2 1

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