Question: Brief Exercise 7-7 Novak Family Importers sold goods to Tung Decorators for $36,600 on November 1, 2017, accepting Tung's $36,600, 6-month, 6% note. Prepare Novak's

 Brief Exercise 7-7 Novak Family Importers sold goods to Tung Decorators

Brief Exercise 7-7 Novak Family Importers sold goods to Tung Decorators for $36,600 on November 1, 2017, accepting Tung's $36,600, 6-month, 6% note. Prepare Novak's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation with available attempts

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