Question: ( 1 ) Prepare the year - end adjusting entry to record accrued interest revenue on December 3 1 . ( 2 ) Prepare the
Prepare the yearend adjusting entry to record accrued interest revenue on December
Prepare the entry required on the note's maturity date assuming it is honored.
Note: Use days a year.
Journal entry worksheet
Record the yearend adjustment related to this note, if any.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CredittableDecember
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