FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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N Academic Tools :: Northern Virgi X
63%
Mon 12:07 PM
weCS Virginia Community College Syst X
N CHAPTER 08 HW NOVA
learn.vccs.edu/courses/240149/assignments/4704240?module_item_id=17254910
https://checkout.wileyplus.com/ X
des
View Policies
rse Evaluations
Current Attempt in Progress
A Policies
Cullumber 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.
r.com: 24/7 On-
Tutoring
Nov. 1 Loaned $53,400 cash to C. Bohr on a 12-month, 9% note.
ary Resources
Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400, 90-day, 8% note.
16 Received a $9,600, 180-day, 8% note to settle an open account from A. Murdock.
31 Accrued interest revenue on all notes receivable.
Journalize the transactions for Cullumber 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.)
Debit
Credit
Date
Account Titles and Explanation
PAGES
Aa
ODT
étv N
MAR
23
3D
LO
expand button
Transcribed Image Text:Edit View History Bookmarks People Tab Window Help N Academic Tools :: Northern Virgi X 63% Mon 12:07 PM weCS Virginia Community College Syst X N CHAPTER 08 HW NOVA learn.vccs.edu/courses/240149/assignments/4704240?module_item_id=17254910 https://checkout.wileyplus.com/ X des View Policies rse Evaluations Current Attempt in Progress A Policies Cullumber 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. r.com: 24/7 On- Tutoring Nov. 1 Loaned $53,400 cash to C. Bohr on a 12-month, 9% note. ary Resources Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400, 90-day, 8% note. 16 Received a $9,600, 180-day, 8% note to settle an open account from A. Murdock. 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Cullumber 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.) Debit Credit Date Account Titles and Explanation PAGES Aa ODT étv N MAR 23 3D LO
https://checkout.wileyplus.com X
VA
910
Virginia
y College
Journalize the transactions for Cullumber 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.)
punt
Date
Account Titles and Explanation
Debit
Credit
poard
rses
ndar
ох
dio
Ip
eTextbook and Media
Attempts: 0 of 3 used
Submit Answer
Save for Later
PNGES
Aa
O étv
2
MAR
0OT
23
MacBook Air
DD
DII
F10
69
F8
F7
expand button
Transcribed Image Text:https://checkout.wileyplus.com X VA 910 Virginia y College Journalize the transactions for Cullumber 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.) punt Date Account Titles and Explanation Debit Credit poard rses ndar ох dio Ip eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later PNGES Aa O étv 2 MAR 0OT 23 MacBook Air DD DII F10 69 F8 F7
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