Required:
Consider the following information as of June
Suzie estimates uncollectible accounts to be of accounts receivable which does not include the $ note receivable from Myers Manufacturing Record the adjusting entry for uncollectible accounts.
Accrue month of interest on the note receivable from Myers Manufacturing.
Note payable is due in years.
tableRequirementtableGeneralJoumaltableGeneralLedgerTrial Balance,tableIncomeStatement
Prepare the journal entries for transactions.
Note: If no entry is required for a particular transaction or event, select No Journal Entry Required" in the first account field.
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Journal entry worksheet
Record the closing entry for revenue accounts.