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record the following transactions in the journal of arabian supplies, which ends its accounting year...

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Accounting

Record the following transactions in the journal of Arabian Supplies, which ends its accounting year on November 30: October 1 Lent $96,000 cash to Jarod Jewitt on a one-year, 2 percent note. November 3 Sold goods to Haskett Inc., receiving a 100-day, 4 percent note for $4,000.00. Cost of the goods was $2,100. Arabian uses a perpetual inventory system. November 16 Received a $3,600, six-month

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