Question: Begin with the transactions for 2016 Apr. 1: Loaned $9,000 to Ohkay, Co. Received a three-month, 4% note. Accounts and Explanation Debit Credit Date 2016
Begin with the transactions for 2016 Apr. 1: Loaned $9,000 to Ohkay, Co. Received a three-month, 4% note. Accounts and Explanation Debit Credit Date 2016 Note Receivable Ohkay, Co. Apr. 1 Cash Jul. 1: Collected the Ohkay note at maturity. Debit Credit Date 2016 Jul. 1 Accounts and Explanation
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