Question: can someone help with this exercise, please? i want to understand it, im not able to know what to do:( Prepare the journal entries related

can someone help with this exercise, please? i want to understand it, im not able to know what to do:( Prepare the journal

can someone help with this exercise, please? i want to understand it, im not able to know what to do:(

Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the "Calculation of Interest" tab to ensure the accuracy of your entries. View transaction list Journal entry worksheet 4 Feb. 14 Received Lee's payment of principal and interest on the $12,000, 60 day, 10% note dated December 16. The Duerr Company does not prepare reversing entries. Verify the amount of interest using the "CALCULATION OF INTEREST" tab Note: Enter debits before credits. Date General Journal Debit Credit Feb 14 Record entry Clear entry View general journal

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