Question: Data table onavista Outdocrs Store selts on account. When a Customer account becomes three moniths old, Donavista Outdoors Store converts the ascount to a note

Data table onavista Outdocrs Store selts on account. When a Customer account becomes three moniths old, Donavista Outdoors Store converts the ascount to a note receivable and irmediately Giscourte ie note to a bank. During 2017, Donaviata Outdoors Store complated these transactions: Way 20 Solid goods on account to Ray Diwai, \$9,600. Received a(n) $8,000,60-dsy, 8 percent note and cash of $1,600 from Raj Diwai in satsataction of his past-due account recoivable. Sold the Diwal note by discounting it to a bark for proceeds of $7.440. Required Record the transactions in Banavista Outsoors Store's journal. May 20. Eold goods on accourt to Ray Diwali, 39,690, (Record debits first, then credits, Erelude explanations from journal aneries.) Sept 1. Sold the Raj Diwali note by discounting it to a bank for proceeds of $7,440. Data table onavista Outdocrs Store selts on account. When a Customer account becomes three moniths old, Donavista Outdoors Store converts the ascount to a note receivable and irmediately Giscourte ie note to a bank. During 2017, Donaviata Outdoors Store complated these transactions: Way 20 Solid goods on account to Ray Diwai, \$9,600. Received a(n) $8,000,60-dsy, 8 percent note and cash of $1,600 from Raj Diwai in satsataction of his past-due account recoivable. Sold the Diwal note by discounting it to a bark for proceeds of $7.440. Required Record the transactions in Banavista Outsoors Store's journal. May 20. Eold goods on accourt to Ray Diwali, 39,690, (Record debits first, then credits, Erelude explanations from journal aneries.) Sept 1. Sold the Raj Diwali note by discounting it to a bank for proceeds of $7,440
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