PR 8-5A Notes receivable entries Obj. 6 The following data relate to notes receivable and...
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PR 8-5A Notes receivable entries Obj. 6 The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.) Apr. 10. Received a $144,000, 5%, 60-day note on account. May 15. Received a $270,000,7%, 120-day note on account. June 9. Received $145,200 on note of April 10. Aug. 22. Received a $150,000, 4%, 45-day note on account. (Continued) r8 Receivables Sept. 12. Received $276,300 on note of May 15. 30. Received a $210,000, 8%, 60-day note on account. Oct. 6. Received $150,750 on note of August 22. 18. Received a 120,000, 5%, 60-day note on account. Nov. 29. Received $212,800 on note of September 30. Dec. 17. Received $121,000 on note of October 18. Instructions Journalize the entries to record the transactions. Sept. 12. Received $276,300 on note of May 15. 30. Received a $210,000, 8%, 60-day note on account. Oct. 6. Received $150,750 on note of August 22. 18. Received a 120,000, 5%, 60-day note on account. Nov. 29. Received $212,800 on note of September 30. Dec. 17. Received $121,000 on note of October 18. Instructions Journalize the entries to record the transactions
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