Question: Cornerstone Exercise 5-35 (Algorithmic) Notes Receivable Link Communications programs voicemail systems or businesses. For a recent project Required 1. Prepare the journal entry to record

Cornerstone Exercise 5-35 (Algorithmic) Notes Receivable Link Communications programs voicemail systems

Cornerstone Exercise 5-35 (Algorithmic) Notes Receivable Link Communications programs voicemail systems or businesses. For a recent project Required 1. Prepare the journal entry to record the sale on February 1, 2019 ev charged $135,000 The customer secured his amount by signing a note earing L :% interest n February .20 .. Record sale 2. Determine how much interest Link will receive if the note is repaid on December 1, 2019. Round your answer to the nearest whole dollar 3. Prepare Link's journal entry to record the cash received to pay off the note and interest on December 1, 2019. If an amount box does not require an entry, leave it blank. Record collection of

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