Question: Exercise 3 continued.. b. separate example - Maturity Date Occurs in the Same Year.: Record the journal entries for the transactions on the dates below.

Exercise 3 continued.. b. separate example - Maturity Date Occurs in

Exercise 3 continued.. b. separate example - Maturity Date Occurs in the Same Year.: Record the journal entries for the transactions on the dates below. Aug. 30, Year 7: Dec. 28, Year 7: Received from Debtor Comp., on account, $50,000, 120 day, 6% NOTE RECEIVABLE dated December 28. Received payment of NOTE RECEIVABLE and INTEREST REVENUE from Debtor Company. 8/30/7 12/28/7 S X %x = $ 8/30/7 12/28/7

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