Entries for receipt and dishonor of note receivable Journalize the following transactions of Trapper Jon's Productions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank June 23. September 21. October 21. June 23 Sept. 21 Oct. 21 Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account. The note is dishonored by Radon Express Co. Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express. Co. on September 21. 00 000 000

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial…