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On November 1, Bahama National Bank lends $4 million and accepts a six-month, 6% note receivable. Interest is due at maturity Record the acceptance of the note and the appropriate adjustment for interest revenue at December 31, the end of the reporting period. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) 54 View transaction list Journal entry worksheet 1 2 Record the acceptance of the note. Noter Enter debits before credits Debit Credit Dato General Journal November 01 Notes Receivable Cash Record entry Clear entry View general Journal On November 1, Bahama National Bank lends $4 million and accepts a six-month, 6% note receivable. Interest is due at maturity Record the acceptance of the note and the appropriate adjustment for interest revenue at December 31, the end of the reporting period. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Ent your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet 2 > Record the adjusting entry for interest. Note: Enter debits before credits General Journal Debit Credit Date December 31 Record entry Clear entry View general Journal

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