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Only need the number for the last entry (Dec. 31) ...

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Accounting

Only need the number for the last entry (Dec. 31)
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Blossom Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Dec. 11 Loaned $ 58,800 cash to C. Bohr on a 12 month, 8% note. Sold goods to K. R. Pine, Inc., receiving a $ 7.200, 90-day, 8% note. Received a $ 14,400, 180-day, 6% note to settle an open account from A Murdock. Accrued interest revenue on all notes receivable. 16 31 Journalize the transactions for Blossom Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Use 360 days for calculation.) Date Account Titles and Explanation Debit Credit Nov. 1 Notes Receivable 58600 Cash 58800 Dec. 11 Notes Receivable 7200 Sales Revenue 7200 Dec. 16 Notes Receivable 14400 Accounts Receivable Sec. 31 Interest Receivable Interest Revenue

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