Question: Current Attempt in Progress Ivanhoe Distributors has the following transactions related to notes receivable during the last month of the year. Dec. 1 16 31
Current Attempt in Progress Ivanhoe Distributors has the following transactions related to notes receivable during the last month of the year. Dec. 1 Loaned $12,960 cash to l. Cash on a 1 -year, 5% note. 16 Sold goods to W. Jennings, receiving a $10,800,60-dar, 6% note. 31- Accrued interest revenue on all notes receivable. Journalize the transactions for Ivanhoe Distributors. (Chedit account tilles are automotically indented when the amcunt is entered. Do not indent manuolly Record journal entries in the order presented in the problem Use 360 doss for calculation. Lat all debit entries befove credit entries)
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