June 1 Sept 30 Date June 1 Sept. 30 (a2) Cheyenne Collision received a 5%, 4-month $4,700 note dated June 1 from a customer for the balance due. The note is honored and no interest has been accrued previously. Account Titles and Explanation Notes Receivable Accounts Receivable Cash Notes Receivable Interest Revenue List of Accounts Debit Net realizable value $ 4700 4935 Credit 4700 4700 235 Attempts: 1 of 1 used If Cine Collision has a fiscal year end at June 30, how much is the net realizable value of the note on that date? (Round answer to nearest amount, eg. 4896.)

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Monty Corp. 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. Nov. 1 Dec. 11 16 31 Loaned $77,000 cash to C. Bohr on a 12-month, 12% note. Sold goods to K. R. Pine, Inc., receiving a $3,300, 90-day, 6% note. Received a $12,000, 180-day, 7% note to settle an open account from A. Murdock. Accrued interest revenue on all notes receivable. Journalize the transactions for Monty Corp. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Use 360 days for calculation. Round intermediate calculations to 5 decimal places, e.g. 15.25127 and final answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit credit

how to record this transaction, I tried to credit Credit Card Expense 12400, but it was wrong

Question A and B pleas A business issued a 90day,8% note for 67000$ to creditor on account. Illustrat the effects on the accounts and the financial statement of recording (a) the issuance of the note and (b) the payment of the note at maturity icluding interest. If no account or activity is affect d select "no effect" from the dropdown list and leave the corresponding number entry box blank. Enter account deceases and cash outflows as negative amounts