Passara Supply Corp. has the following selacted tranastions for notes racaivabla. Nov. 1 Lent $116,000...
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Passara Supply Corp. has the following selacted tranastions for notes racaivabla. Nov. 1 Lent $116,000 cash to A. Bouchard on a one-year, 9% note. Dec. 1 Sold goods to Wrizht Inc, receiving a two-month, 6\%, \$22,600 nate. Interest is due at maturity. The goods cost $13,200. 15 Recaived a soc-month, 696,$24,000 note in evchange for an account from Aguilina Corporation. Interast is due at maturity. Feb. 1 Collectad the amount owing an the Wright note. 29 Accrued interest on all nates receivable at year end. Assume that interast is calculated to the nearest half month. Record the above transactions for Passara Supply Corp. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record entries in the arder displayed in the problem statement. Do not round intermediate calculations. Round answers to the nearest whole dollar, e.8. 5,275.)
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Passara Supply Corp. has the following selacted tranastions for notes racaivabla. Nov. 1 Lent $116,000 cash to A. Bouchard on a one-year, 9% note. Dec. 1 Sold goods to Wrizht Inc, receiving a two-month, 6\%, \$22,600 nate. Interest is due at maturity. The goods cost $13,200. 15 Recaived a soc-month, 696,$24,000 note in evchange for an account from Aguilina Corporation. Interast is due at maturity. Feb. 1 Collectad the amount owing an the Wright note. 29 Accrued interest on all nates receivable at year end. Assume that interast is calculated to the nearest half month. Record the above transactions for Passara Supply Corp. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record entries in the arder displayed in the problem statement. Do not round intermediate calculations. Round answers to the nearest whole dollar, e.8. 5,275.) 