Question: Brief Exercise 8-2 Record notes receivable (LO8-2) On November 1, Bahama National Bank tends $2.3 million and accepts a six-month, 9% note receivable. Interest is

 Brief Exercise 8-2 Record notes receivable (LO8-2) On November 1, Bahama
National Bank tends $2.3 million and accepts a six-month, 9% note receivable.

Brief Exercise 8-2 Record notes receivable (LO8-2) On November 1, Bahama National Bank tends $2.3 million and accepts a six-month, 9% note receivable. Interest is due at maturity Record the acceptance of the note and the appropriate adjustment for interest revenue at December 31, the end of the reporting period. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (l.e. 5 should be entered as 5,000,000).) View transaction Hist Journal entry worksheet 1 2 Record the acceptance of the note. Note: Enter debits before credits Dato General Journal Debit Credit November 01 Record entry Clear entry View general Journal Brief Exercise 8-2 Record notes receivable (LO8-2) On November 1, Bahama Nationat Bank lends $23 million and accepts a sto month, 9% note receivable. Interest is due at maturity. Record the acceptance of the note and the appropriate adjustment for interest revenue at December 31, the end of the reporting period. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (.e. 5 should be entered as 5,000,000).) View transaction lit Journal entry worksheet es 1 ON Record the adjusting for interest. General Journal Date December 31 Debil Credit Record entry Clear entry View general Journal P 11 11

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