Question: answer please #5 View Policies Current Attempt in Progress Garcia Distributors has the following transactions related to notes receivable during the last two months of

answer please #5
answer please #5 View Policies Current Attempt in Progress Garcia Distributors has
the following transactions related to notes receivable during the last two months

View Policies Current Attempt in Progress Garcia Distributors has the following transactions related to notes receivable during the last two months of the year. Dec. 1 16 Loaned $25,000 cash to E. Kinder on a 1-year, 6% note. Sold goods to J. Jones, receiving a $7.200,60-day, 7% note. Accrued interest revenue on all notes receivable. 31 Journalize the transactions for Garcia Distributors. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Use 360 days for calculation. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 31 Accrued interest revenue on a hores receivable. Journalize the transactions for Garcia Distributors. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. Use 360 days for calculation. Record journal entries in the order presented in the problem.) Date Account Titles and explanation Debit Credit

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